Online beauty products retailer Beauty Bay is facing potential collapse following the submission of a notice of intent to appoint administrators. This action signifies the company’s readiness to enter administration and triggers a temporary legal protection period preventing creditors from pursuing legal actions for ten days.
According to a report by Sky News, Beauty Bay lodged the notice earlier this week and subsequently took down its website, displaying a message stating, “We’ll Be Back Soon. BEAUTY BAY is offline right now, we’ll be back shortly.” Established in 1999 by brothers Arron and David Gabbie and headquartered in Manchester, Beauty Bay offers a wide range of products from over 200 brands, including Ariana Grande, Clinique, and MAC, in addition to its own product line.
This development follows earlier reports indicating that Beauty Bay was exploring various funding options, including a potential sale of the business. The advisory firm Interpath had been collaborating with Beauty Bay on a business review. The company, which employs 65 individuals, was contacted for comment by the Mirror.
In a separate incident, fashion retailer Quiz has also entered administration, resulting in the loss of 109 jobs. The redundancies are affecting both its Glasgow head office and Lanarkshire warehouse. Quiz’s website has been deactivated, with pending online orders set to be canceled. Customers are advised to contact their bank or credit card provider for refunds, leveraging Section 75 of the Consumer Credit Act for significant credit card transactions or Chargeback for debit card purchases or smaller credit card transactions. Alternatively, customers can exchange unwanted items in-store for products of equal value.
While Quiz stores are currently operational and hosting clearance sales, the retailer is no longer accepting gift cards. With 40 stores across the UK and concessions within New Look and Matalan stores, Quiz’s concessions at these locations remain unaffected by the administration proceedings.