Comment RS goes into administration

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Oxford-based Comment Retail Services has gone into administration, just as its main customer Woolworths buckled under debt last week and went the same way.

Comment began legal discussions with administrators last week. Staff at its Oxford base were informed as Mobile News went to press (November 26).

A spokesperson said: “Legal talks began yesterday, but this does not necessarily mean that this is the end of Comment.”

Comment, set up by former Unique director Michael Richardson (pictured) in early 2006 as a handset configuration and customisation specialist, reported £27 million turnover in 2007 and gross margin of £2.3 million.

It distributes Sony Ericsson, LG, Sagem and Alcatel handsets direct. Its major accounts include WH Smith, Amazon, Comet, Littlewoods, Sainsbury’s and Liverpool-based discount chain TJ Hughes.

Comment struck a deal with Brightstar Europe recently to fulfil high forecasts for Q4 stock to customers.

It also licences the Hello Kitty brand for mobile phones, which has added around 20,000 contract customers for Orange Spain within six weeks of launch.

Richardson has successfully launched online download store Datz, offering unlimited music for a flat-rate fee and enabling music bundles in client offerings.

 

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