UK clothing company enters liquidation after six years

VV Season, founded in 2020, sold “luxury” streetwear online and developed a following of more than 17,000 across Instagram and Facebook. A notice published on September 7 revealed that liquidators were appointed on August 27. Within months of launching, the brand was already attracting high-profile fans, including professional footballer Dion Sanderson, now with Derby County,…

Allen-Vanguard put into receivership with US$80.3 million owed to Contego lenders

Allen-Vanguard Corporation and UK subsidiary Allen-Vanguard Ltd. were placed into receivership on September 1, 2026, on application by senior secured lenders Contego AV Funding II, LLC and Contego AV Funding II-A, LLC, after years of declining sales left the defence technology group unable to repay approximately US$80.3 million of secured debt. The Ottawa-based group provides radio-frequency…