Private Frazer’s Doomed Magazines

September 2, 2011

Tricky Double

Filed under: closures,consumer magazines — privatefraser @ 10:26 am

Contract publishers Faragher Jones has gone into administration according to this email sent out today:

It is with great regret that the board and directors of Faragher Jones Ltd has taken the decision to cease trading as of today, 1st September 2011. Despite our best efforts we have been defeated by a combination of bad debts and the difficult economic climate. The decision has been made after we received notification that our major debtor, We Love Darts Ltd, would not be able to repay any of the substantial amounts of money it owed to us.

The future of the (recently acquired) Calcio Italia and Darts Monthly magazines would not appear to be rosy. Game on!

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