All Insolvency & administration articles – Page 19
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NewsPoundworld closing in on rescue deal with Alteri
Former Austin Reed owner Alteri Investors is closing in on a deal to rescue embattled Poundworld.
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NewsHouse of Fraser insists CVA plan ‘on track’
House of Fraser has insisted it is “on track” with plans to launch a CVA and secure new investment despite an alleged battle with its lenders.
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NewsPoundworld founder Chris Edwards eyes rescue bid
Poundworld’s founder and former boss Chris Edwards is mulling a move to rescue the embattled business.
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AnalysisAnalysis: Does the CVA need a restructure of its own?
It was an unprecedented step – and one that consequently sent tremors pulsing through the retail and property industries.
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CartoonBlower’s retail cartoon: House of Fraser’s CVA plan
Retail Week cartoonist Patrick Blower’s take on House of Fraser’s CVA plan
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NewsUpdated: Jacques Vert plunges into administration
Jacques Vert and its sister brands have entered administration for the second time in less than a year under new owner Calvetron.
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NewsHouse of Fraser slammed by property body over CVA plan
The British Property Federation has hit out at House of Fraser after the beleaguered business revealed it plans to launch a CVA next month.
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NewsStreetwear brand Bench calls in administrators
Fashion brand Bench Limited, which has around 20 stores in the UK and an international online presence, has filed for administration.
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NewsCarpetright creditors vote in favour of CVA
Carpetright has overcome a major hurdle in its bid to launch a company voluntary arrangement (CVA) after its creditors voted in favour of the proposals.
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OpinionOpinion: Has your business got enough fuel in the tank?
Just as a car requires its fuel, cash and funding represent the lifeblood of a retailer’s engine; run out and you’ll come to a grinding halt.
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NewsToys R Us to close remaining UK stores this month
Toys R Us UK will pull down the shutters on its stores for the final time in less than a fortnight.
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NewsBargain Booze owner Conviviality enters administration
Conviviality has formally entered administration as the beleaguered business continues to seek buyers for its retail division.
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AnalysisAnalysis: How landlords can better support retailers
In what is being dubbed the year of CVAs for retailers, what can landlords do to help them in the digital age?
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AnalysisConviviality: The inside story of its dramatic collapse
As remarkable as it sounds given the benefit of hindsight, at the beginning of the year Conviviality was one of the darlings of the City.
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NewsUpdated: Conviviality to enter administration
Conviviality intends to appoint administrators within 10 business days after failing to raise the £125m it needed to secure its future.
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NewsMaplin sale hopes fade as retail rivals circle stores
A clutch of retailers are circling Maplin’s store estate as its hopes of securing a rescue deal rapidly evaporate.
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OpinionOpinion: Focus on selling well, not price, to survive
It’s only March and we can already see the pressure mounting across retail. The list of distress is already long enough – Mothercare, New Look, Toys R Us, Maplin.
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NewsMaplin administrators draft in GCW to aid sale efforts
Maplin’s administrators have drafted in commercial property experts GCW to advise on the collapsed retailer’s portfolio as they ramp up efforts to secure a sale.
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AnalysisAnalysis: Lessons from Maplin and Toys R Us’ collapse
The air of inevitability about Toys R Us and Maplin’s collapse into administration can teach other retailers a great deal.
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NewsMaplin and EWM race to secure rescue deal
Maplin’s negotations with potential buyer Edinburgh Woollen Mill have reached a standstill despite the imminent prospect of administration.
