Allbright goes into Administration, but Assets Rescued
Struggling with rising rents, several other private members clubs and post-pandemic recovery.
AllBright, a women-only members' club situated in a five-storey townhouse in Mayfair, London, has entered administration. The networking and events business faced challenges due to rising rents and the prevailing economic climate.
Founded in 2018, AllBright aimed to provide a space for professional women to network and support each other. The club offered various events, workshops, and resources to its members. Despite its mission, the club struggled financially, leading to its current situation.
The good news is that A Cain International firm has acquired AllBright and has exciting plans to extend into new territories and launch new products.
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