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In
January 2021, Paperchase was on the brink of administration after most of its stores were closed over the Christmas period because of COVID-19. The firm filed a notice to appoint administrators to give them breathing space while it worked out a rescue plan. At that time the company had 127 stores
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As a result, the
Paperchase company lost a large presence on the British high street as there was a Paperchase concession within every UK Borders. The UK division of Borders separated from its parent and the owner of Paperchase in 2007, and all Borders stores closed on 22 December 2009. To replace
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In
February 2023, it was announced that no buyer had been found for the rest of the business. As a result, all 106 remaining stores were to close, and 900 staff were to be made redundant. The web store shut down on 17 February, and the last physical shops closed on 3 April 2023.
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Borders Group Inc. closed all of its stores in
February 2011, 19 years after the Borders brothers sold the business and 16 years after becoming a public company. The company filed for Chapter 11 bankruptcy, which led to the closure of 399 stores and the liquidation of assets.
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As of
January 2013, the company had over 130 retail points of sale, a mix of concessions and standalone stores. These were primarily based in the UK, with several in Dubai and a few in Denmark, The Netherlands, France and Germany. One of their first flagship stores was on
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is an international chain of stationery stores which was established in the United
Kingdom but has since expanded into Europe, the USA and United Arab Emirates. As well as stand alone stores, in the UK there were
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In
February 2010, the company was accused of stealing artwork created by an independent British artist, Hidden Eloise. An artist working for the agency Gather No Moss eventually admitted tracing the artwork.
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In August 2022, Paperchase was sold again to a private investment firm led by the retail investor Steve Curtis. The company went into administration on 30 January 2023 and
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and about 1,500 employees. Later that month it was announced that
Paperchase would be purchased by Primera Capital through a legal entity, Aspen Phoenix Newco Limited.
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in 1985; it continued to expand and in 1996 became
Paperchase Products Ltd., having been bought by the existing management with investment from a venture capital fund.
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Paperchase was founded by two art students, Judith Cash and Eddie Pond, around 1968. The company went through various owners before receiving investment from
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purchased the brand and intellectual property, but not its 106 stores, on 31 January 2023, leaving the future of 820 staff in doubt.
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In 2007 Borders sold a majority stake in the UK and Irish division of
Borders book stores to Risk Capital for £10 million.
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and was known as 'Paperchase Heaven' because of its location, size and range of products. A new store opened in the
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In November 2017, the company issued an apology for running an advert for free wrapping paper in the
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was completed leaving the company owned by Primary Capital Partners LLP and its board of directors.
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In May 2008, the Borders Group announced it was considering selling its 97% share to one of either
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purchased the brand and intellectual property, but not the stores, on 31 January 2023.
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these lost UK retail sites, Paperchase concessions were formed in a number of
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781:"Paperchase apologises for Daily Mail promotion after online backlash"
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in June 2013, and another flagship store was opened in March 2013 at
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In September 2010, Paperchase launched an online store, built on the
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539:"Paperchase Tottenham Court Road, London - Made In Place Design"
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This article is about the stationery chain. For other uses, see
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384:"Paperchase: Tesco buys stationery brand but not its shops"
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on Saturday 18 November, following a campaign by the group
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667:"Paperchase to close all 106 stores as no buyer found"
693:"Paperchase to close all remaining stores next week"
421:"Graphite Capital sells Paperchase to Borders Group"
734:"Paperchase forced to deny it copied artist's work"
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564:"Paperchase | White Rose Shopping Centre"
16:British multinational stationery company
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871:Retail companies of the United Kingdom
589:"Major city retail development opens"
505:from the original on 18 January 2022.
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881:Retail companies established in 1968
691:Duffield, Charlie (30 March 2023).
665:Morgan, Aoife (22 February 2023).
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731:Green, Chris (11 February 2010).
208:to comply with Knowledge (XXG)'s
866:Stationers of the United Kingdom
747:from the original on 24 May 2022
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441:Woolner, Aaron (14 July 2004).
876:1968 establishments in England
175:stores. The company went into
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718:"The Hidden World of Eloise"
23:Paper Chase (disambiguation)
481:Financial Times 20 May 2008
470:Financial Times 20 May 2008
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516:Financial Times 7 May 2010
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767:"The designer apologises"
443:"Borders Buys Paperchase"
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809:"Paperchase 'sorry' for
527:PR Newswire 13 July 2010
363:condemned the decision.
221:may contain suggestions.
206:may need to be rewritten
493:"Swann eyes Paperchase"
179:on 30 January 2023 and
357:Julia Hartley-Brewer
299:Tottenham Court Road
289:ecommerce platform.
275:stores during 2010.
498:The Daily Telegraph
123:£106,949,000 (2015)
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819:. 20 November 2017
789:. 20 November 2017
280:management buy-out
643:. 28 January 2021
390:. 31 January 2023
353:Stop Funding Hate
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215:You can help
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163:in selected
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95:Headquarters
43:Company type
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823:21 November
793:21 November
337:Controversy
278:In 2010, a
273:Waterstones
161:concessions
84:Judith Cash
855:Categories
811:Daily Mail
743:. London.
595:3 December
573:3 December
548:3 December
455:13 October
426:13 October
394:31 January
367:References
348:Daily Mail
227:March 2024
165:Selfridges
156:Paperchase
145:paperchase
110:Stationery
87:Eddie Pond
66:1968
29:Paperchase
621:5 January
261:HgCapital
240:W H Smith
219:talk page
817:BBC News
745:Archived
702:6 August
676:6 August
647:16 March
641:BBC News
615:BBC News
503:Archived
451:. London
388:BBC News
245:In 2004
106:Products
78:Founders
53:Industry
328:Closure
187:History
140:Website
120:Revenue
63:Founded
47:Private
813:offer"
751:21 May
217:. The
129:Parent
99:London
57:Retail
861:Tesco
322:Tesco
307:Leeds
287:Venda
181:Tesco
134:Tesco
825:2017
795:2017
753:2010
704:2023
678:2023
649:2022
623:2021
597:2019
575:2019
550:2019
457:2008
428:2008
396:2023
359:and
271:and
173:Next
171:and
147:.com
305:in
269:HMV
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