Wiggle administrator reveals beleaguered cycling retailer made £10.4m profit during administration
Wiggle generated more than £41.7m in sales since the cycling retail giant entered administration last October, the administrator revealing that this resulted in a profit of £10.4 million. The details come in documents shared by administrators from FRP Advisory Trading Limited, the report covering the year since Wiggle Chain Reaction entered administration in October 2023. It confirms that 400 … Read more