Liquidators called in at retailer Pulse

LIQUIDATORS have been appointed to the holding company of high street retailer Pulse Accessories, but it is hoped that some of the 130 employees’ jobs can be saved through a sale of the company.

The High Court formally appointed Ken Fennell, of insolvency and corporate recovery experts, Kavanagh-Fennell, as provisional liquidator to Berganza Ltd, which trades as Pulse Accessories, after it became clear to the company’s management that the business had insufficient cash flow levels to remain trading effectively.

Up until recently, Pulse has been operating 27 women’s accessories stores around the country – selling items such as costume jewellery, handbags and various hair accessories – as well as a supporting wholesale business.