Farepak ceases trading

Thousands of families are facing a bleak Christmas after a UK hamper company suddenly ceased trading.

Customers of Farepak, owned by European Home Retail (EHR), paid money monthly to the firm or its agents towards food hampers for the festive season.

Administrators have now been appointed to the Swindon firm.

It said Farepak was "unable to honour its commitments to make deliveries of any vouchers, hampers or other items" to its tens of thousands of customers. undefined undefined undefined undefined undefined undefined undefined undefined undefined undefined undefined undefined undefined undefined undefined undefined undefined undefined undefined undefined undefined undefined

Farepak, which also sold TVs, electrical goods and jewellery, employed 35,000 agents across the UK and had been trading since 1969.  Earlier this year the International Charter expressed concern to the company that it's customer service had dropped below acceptable standards.

Shares in parent firm EHR had been suspended in August, after funding difficulties.

 
On Friday, home shopping firm Findel bought a number of EHR business assets, including sports outfit firm Kitbag and network marketing firm Kleeneze.
 
Currently it is unlikely that customer will receive any form of compensation.