Oddbins slips back into administration claiming Brexit is the problem

The once darling of the wine industry Oddbins has been put into administration as new buyers are sought. The chain is owned by European Food Brokers which also own Oddies, Simply Drinks, Simply Food & Drinks, Shop2Go and Booze Buster plus 56 Wine Cellar Trading and Whittalls Wine Merchants stores. The administrators Duff & Phelps claim the business has suffered due to the declining power of consumer spending along with a deepening unease and uncertainty over Brexit.