VIP SKI saved as former MD buys assets for $175k

UK: Luxury ski chalet operator VIP SKI has been saved from going out of business permanently after a firm headed up by its former managing director acquired the business and certain assets of the parent company, APS-Select Ltd. It came after the parent company entered administration back in November, as VIP SKI highlighted Covid-19 and government policies […]
VIP SKI ceases trading

UK: Luxury ski chalet operator VIP SKI has ceased trading after parent company APS-Select Limited confirmed that it had entered administration, highlighting Covid-19 and government policies on travel restrictions as key factors in its collapse. Mark Supperstone and Simon Jagger of ReSolve Advisory Limited have been appointed as joint administrators and the company has ceased […]