Overview
- The filing was made via law firm RPC and provides a ten-day moratorium from creditor action, according to reports from Bloomberg and The Business Desk.
- The company has not entered formal administration as it considers next steps for its UK stores and concessions.
- The estate has contracted in recent years with about 40 closures and a shift from standalone outlets to spaces inside Sports Direct and other Frasers locations.
- Frasers Group acquired GAME in 2019 for roughly £52 million, years after the chain’s 2012 administration that resulted in 277 store closures.
- The move raises uncertainty for staff and local branches as trading pressures on UK high-street retailers persist.