Hilco Capital
 | |
| Hilco Capital | |
| Company type | Limited |
| Industry | Commercial restructuring |
| Founded | 1 January 1956  |
| Headquarters | , |
Number of locations | London, England |
| Parent | Hilco Global |
| Website | www |
Hilco Capital is a British international company that specialises in restructuring and refinancing other companies.
Notable projects
Hilco has been involved with these companies, and in some cases owning and operating them for a period of time:[2]
United Kingdom
- Adams Childrenswear
- Allders (original store closures)
- Allied Carpets
- Andys Records
- Bank[3]
- Beatties of London
- Borders (UK)
- British Home Stores (cleared stores)
- Chapelle Jewellery & Watches
- Clintons (294 store closures)
- Courts plc
- Denby Pottery Company (debt, restructuring and management buyout)[4]
- Elvi
- Ethel Austin
- Extreme Stores
- Faith
- Fashion Rocks
- Focus DIY
- Habitat (debt and restructuring)[5]
- HMV (purchased in 2013)[6]
- Homebase (purchased in June 2018)
- Hypervalue
- ILVA (UK)
- JJB Sports (cleared stores)
- Kwik Save
- Litho Supplies
- Littlewoods
- Maplin (retailer) (Cleared stores)
- MFI Group
- MK One
- Music and Video Club
- Nicole Farhi (fashion label, sold in 2012)
- Owen Owen
- Peacocks (retail advisor during administration)
- Silverscreen
- Staples UK (Company name changed to SUK Retail Limited. Rebranded/trading as Office Outlet)
- Stationery Box
- Woolworths Group (store closures)[7]
International
- Fletcher Jones (stores)
- Habitat (Iberia, France, Germany, Benelux)
- Kraus Flooring (purchased in 2012)[8]
- WOW Sight & Sound
- Misco (purchased in 2017) [9]
Canada
- HMV Canada (purchased in 2011[10] and in receivership 2017)
- Tilley Endurables (acquired 2015)
- Music World[11]
Ireland
- HMV Ireland[12]
- Xtra-Vision Ireland (purchased in 2013, defunct January 2016)[13]
- A-wear previously operated Ireland's leading female clothing retailer
Criticism
In December 2018, The Times described the company as a vulture fund in an article about HMV going into administration.[14]
References
- ^ "Hilco UK Limited Company Number 03944915". Companies House. Retrieved 11 May 2013.
- ^ "Previous Projects" (PDF). Hilco UK. Retrieved 11 May 2013.[permanent dead link]
- ^ "Bank fashion chain in administration". BBC News. 5 January 2015. Retrieved 26 December 2015.
- ^ "Denby Case Study". Hilco UK. Archived from the original on 17 August 2013. Retrieved 11 May 2013.
- ^ "Habitat Case Study". Hilco UK. Archived from the original on 10 April 2013. Retrieved 11 May 2013.
- ^ "HMV: Restructuring specialist Hilco takes control of retailer". BBC News. 22 January 2013.
- ^ "Woolworths Case Study". Hilco UK. Archived from the original on 11 February 2013. Retrieved 11 May 2013.
- ^ "2012 Timeline" (PDF). Hilco UK. Retrieved 11 May 2013.[permanent dead link]
- ^ "Sources: Misco SOLD to Hilco Capital, care home for the distressed". theregister.uk.co. Retrieved 17 March 2017.
- ^ Amanda Andrews; Matthew Holehouse (27 June 2011). "HMV confirms sale of stores in Canada for £2m". The Daily Telegraph. London.
- ^ Strauss, Marina (12 November 2007). "Music World to close stores". The Globe and Mail.
- ^ "Hilco look to reopen HMV stores in Ireland". Hot Press. 5 April 2013.
- ^ "HMV-owner Hilco rescues Ireland's largest DVD rental chain". Reuters. 11 June 2013.
- ^ "Vulture fund charged ailing HMV £48m".