Fashion website Atterly, which was backed by former Tesco boss Sir Terry Leahy, has gone into administration.
The e-tailer, announced its plans to expand internationally last year, with chief executive Sally-Anne Newson telling Vogue at the time: “We have big ambitions, in fact our goal is to be £100million by 2020. We've definitely got our sights on other international markets in the future - with the obvious first choices being France and Germany.”
The company has stopped taking orders and its website is listed as “currently unavailable”.