Gordon Brothers
ON THE RECORD · 6 verbatim quotes · every quote source-verified
“Work continues at pace, engaging in active discussions on offers with interested parties.”
Gordon Brothers · said 2026-11-05 · reported 2026-11-05
A Gordon Brothers spokesperson said work was continuing at pace with active discussions on offers from interested parties.
“We are pursuing all avenues through the sale process to find a solution which protects as many jobs as possible and preserves value.”
Gordon Brothers · said 2026-11-05 · reported 2026-11-05
A Gordon Brothers spokesperson said the firm was pursuing all avenues through the sale process to find a solution protecting jobs and preserving value.
“When Gordon Brothers acquired the business, it was in distress and required a radical restructure, urgent operational change and significant funding, which we provided to support the company’s ability to trade.”
Gordon Brothers · said 2026-11-05 · reported 2026-11-05
A Gordon Brothers spokesperson said Poundland was in distress when acquired and required radical restructuring and significant funding, which Gordon Brothers provided.
“Our intent throughout the comprehensive sale process has been to protect as many jobs as possible and preserve value in order to deliver the best available outcome for the people, creditors and local communities who care about this business as much as we do.”
Gordon Brothers · said 2026-11-05 · reported 2026-11-05
A Gordon Brothers spokesperson said the firm's intent throughout the sale process has been to protect jobs and preserve value for people, creditors, and local communities.
“protect as many jobs as possible”
Gordon Brothers · said 2026-11-05 · reported 2026-11-05
Gordon Brothers said it was still in active discussions with interested suitors and had been seeking to protect jobs amid the sale process for Poundland.
“In spite of our efforts and the tremendous efforts of management to deliver a turnaround, the business remains challenged and vulnerable to any potential downturn in future trading.”
Gordon Brothers · said 2026-11-05 · reported 2026-11-05
A Gordon Brothers spokesperson said that despite efforts by Gordon Brothers and management to deliver a turnaround, Poundland remains challenged and vulnerable to a potential downturn in trading.