All Insolvency & administration articles – Page 2
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Interview
Q&A: Greggs boss Roisin Currie on price rises, new stores and taking on McDonald’s
Greggs chief executive Roisin Currie talks inflation and prices rises, looking at former Carpetright and Ted Baker stores, winning share from the fast-food giants and whether the Euros and Olympics have prompted an uptick in spend
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News
Ted Baker’s high street presence at risk as administrator plans to close all stores
Ted Baker could disappear from the high street once and for all as administrators gear up to close all its stores in the coming weeks.
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Opinion
‘There’s a grim irony in Carpetright’s collapse, but don’t blame founder Lord Harris’
Carpet king Lord Harris built Carpetright, then went into business against it. As Tapi takes control of Carpetright assets from the administrator, some may see Harris as a Brutus figure – but that would be wrong, says George MacDonald
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News
Tapi has bought Carpetright but many jobs and stores are still at risk
Carpetright has been rescued from collapse by rival carpet and flooring retailer Tapi – but hundreds of stores are expected to close, leaving many jobs at risk.
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News
The Body Shop may emerge from administration in August
The Body Shop may come out of administration in August as prospective new owner Auréa takes charge of developing a long-term growth plan.
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Analysis
The Body Shop: Who are the new prospective owners and what do they mean for the chain?
As The Body Shop enters an exclusivity agreement with investment firm Auréa, Retail Week takes a closer look at its prospective new owners and what a potential takeover could mean for the troubled beauty chain.
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News
The Body Shop is on the brink of being saved by a British tycoon led investment firm
Administrators of The Body Shop have entered into an exclusivity agreement with a consortium led by investment firm Auréa to secure the future of the beauty chain in administration.
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News
Carpetright is on the brink of administration with 2,000 jobs at risk
Carpetright is likely to be sold in a pre-pack administration as it teeters on the brink of collapse, putting around 2,000 jobs at risk.
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News
A British tycoon is nearing a deal to buy The Body Shop
A British Tycoon is said to be close to securing a deal to buy The Body Shop out of administration.
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News
The Body Shop administrator sets deadline for final bids
The final deadline for bids for The Body Shop is set for tomorrow (July 3) as FRP is keen to wrap up a sale of the struggling beauty chain, The Sun reports.
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News
Exclusive: The Body Shop owes Natura £15m in unpaid bills
The Body Shop has racked up £15m in debt over unpaid bills to its former owner Natura &Co, Retail Week can reveal.
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News
The Body Shop administrators set deadline for bids
The Body Shop administrators are keen to wrap up a sale of the health and beauty giant by the end of this month, according to reports.
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News
Ted Baker conflict of interest case settled
Ted Baker’s largest lender has fallen out with Teneo, the chain’s administrator, over a conflict of interest, The Times reported.
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News
The Body Shop administrators to launch auction for the chain
The Body Shop administrators are set to launch an auction of the struggling beauty chain after plans for a company voluntary arrangement (CVA) failed, Sky News has reported.
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Analysis
Can a Shein float turn around retail’s IPO fortunes?
As Shein accelerates preparations for a blockbuster London IPO, Retail Week looks at how other retailers have fared since going public.
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News
Ted Baker’s European business in limbo with 149 jobs at risk
Ted Baker’s European arm is at risk of collapsing into administration, putting 149 roles at risk of redundancy at the fashion retailer.
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News
The Body Shop’s downfall triggered by owner’s failure to refinance loan
The Body Shop’s collapse was triggered by owner Aurelius failing to refinance loan, which resulted in an unplanned funding gap upwards of £100m.
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Interview
Julian Dunkerton: Back my Superdry survival plan or the business dies
Superdry boss Julian Dunkerton says his proposals are the only way to give the embattled fashion retailer a shot at ‘rebirth’. But is it all too little, too late?
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News
Superdry to quit stock market as part of survival plan
Superdry is poised to de-list from the London Stock Exchange as part of a restructuring plans that it says are critical to its long-term survival as a brand.
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News
Next and Frasers Group circle Ted Baker for potential rescue deal
Retail giants Next and Frasers Group have reportedly expressed an interest in purchasing collapsed fashion retailer Ted Baker.