David Millar‘s cycling clothing brand CHPT3 has entered liquidation and ceased trading with immediate effect.
A statement released on the company’s website confirmed the situation, saying that CHPT3 has “ceased to trade” while noting that their creditors will be contacted by insolvency practitioners Wilson Field Limited.
“The Directors of CHPT3 Limited have instructed Wilson Field Limited to assist in the formalities of a Creditors Voluntary Liquidation,” the statement read.
“The Company has now ceased to trade. Creditors will be contacted by Wilson Field Limited in due course. Any queries can be directed to Wilson Field Limited who can be contacted on +44 (0) 114 2352 6780.”
The brand was launched in 2015 following Millar’s retirement…