Muji to appoint administrators as it lines up pre-pack deal

Japanese retailer Muji has filed for administration with a pre-pack deal understood to be in the offing.
The retailer’s UK stores – which include six in London and one in Birmingham – are expected to be retained when the firm’s European holding company undergoes a pre-pack administration.
Muji told TheBusinessDesk.com: “This is part of a planned strategic restructuring of the business and Muji’s management expect to conclude a deal shortly.
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