The wholesale arm of a Manchester fashion brand racked up debts of almost £4m before it collapsed into administration, it has been revealed.
It has also been confirmed by Quantuma, the company overseeing the process, that a number of jobs were lost when Fast Fashion Collections International failed after it was threatened with a winding up petition by HMRC.
The Manchester-based company, which was the wholesale arm of Lavish Alice, was eventually sold in a pre-pack deal to founding directors Matthew Newton and Lee Bloor last month.
