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July 07, 2009

Coffee Republic shares suspended as collapse looms

Coffee_republic_pro_030 Coffee Republic today suspended its shares "pending clarification" of its financial position as administrators prepared to swoop on its UK business.

Advisors from Osborne Clarke, the law firm, have been called in to the coffee shop chain, pending the appointment of administrators. Coffee Republic had asked for its shares to be suspended on Friday evening after the close of trading.

Check out the full article and perhaps examine reasons for it's possible failure below...

http://business.timesonline.co.uk/tol/business/industry_sectors/retailing/article6646833.ece

Posted at 08:04 AM |

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