This unprecedented set of market conditions looked to have claimed its first high-profile victim when Studio Retail Group plc called in administrators, after failing to secure a £25m short-term loan. The company has been bought out of administration quickly, with Frasers Group paying £26.8m for the ailing business at the end of last week. Perhaps the most concerning aspect of Studio’s story is that the company posted excellent trading results throughout the most challenging periods of t...