All Insolvency & administration articles – Page 25
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Opinion
Blog: Courts pave the way for landlords to challenge administration rents
Two major court cases have left wide open the question of how rent is treated when a tenant enters administration, setting the stage for a showdown between landlords and retailers.
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News
Nicole Farhi rescued from administration by Maxine Hargreaves-Adams
Premium fashion brand Nicole Farhi has been rescued out of administration by Maxine Hargreaves-Adams, the owner of Fenn Wright Manson.
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News
ModelZone's wholesale business acquired out of administration by rival Ripmax
Collapsed model retailer ModelZone’s wholesale business Amerang has been acquired by rival firm Ripmax.
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Opinion
Comment: Not all administrations are created equally
Several more retail businesses have hit the headlines after falling into administration in recent weeks. As this list continues to grow, it’s interesting to note the very different reasons why retailers end up in this situation.
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Opinion
Comment: Administration buy-backs may mean everybody loses
There is more to life after administration than simply closing poorly performing stores. There are rules that should be followed.
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News
Internaçionale bought in prepack administration by owners
Value fashion retailer Internaçionale has been bought in a prepack administration deal by the existing owners.
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News
Bonmarché eyes IPO just 18 months after administration
Value fashion retailer Bonmarché is reportedly gearing up to float on the stock exchange 18 months after it fell into administration.
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News
Bonmarché hits £10m profit in first year out of administration
Value fashion retailer Bonmarché is on the hunt for more stores after posting a pre-tax profit of £10.5m in its first year of trading since being bought in a pre-pack administration deal last year.
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News
Dwell rescued out of administration by founder Aamir Ahmad
Collapsed furniture chain Dwell will remain on the high street after the brand and five stores were bought out of administration by its founder Aamir Ahmad.
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News
Nicole Farhi plunges into administration
Iconic luxury fashion retailer Nicole Farhi has collapsed into administration, Retail Week can reveal.
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Analysis
Analysis: Breathing new life into a retailer after administration
The future of three high street names, Internaçionale, ModelZone and Dwell, were left hanging in the balance this week after they collapsed into administration.
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News
ModelZone collapses into administration as it appoints Deloitte
ModelZone has fallen into administration, officially appointing Deloitte and putting 47 stores and 400 jobs at risk.
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Analysis
Analysis: Rent-day retail administrations prove only the strong will survive
Rent-day casualties and tough trading conditions show retailers must be at top of their game to thrive.
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News
Sports Direct rescues camping brand Gelert from administration
Sportswear giant Sports Direct, founded by Mike Ashley, has bought outdoor brand Gelert out of administration, saving 100 jobs.
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News
Administration looms for Internaçionale and ModelZone
Fashion retailer Internaçionale has filed an intention to appoint an administrator. Specialist retailer ModelZone is also poised to do the same as rent day hits under-pressure retailers.
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News
Dwell hits the buffers as Duff & Phelps appointed
Struggling furniture retailer Dwell has appointed Duff & Phelps after collapsing into administration just days after closing its 23 stores.
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Opinion
Comment: Can administrations be good for businesses?
To some it sounds like a death knell, but many retailers can survive an administration - and even benefit from it in the longer term, according to Lee Manning and Rob Harding.
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News
Comet administration costs £15m in closure fees
The total cost of winding up Comet has been revealed as £15m after the electricals retailer crashed into administration in November.
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News
Retail park vacancy rate rises rapidly following administrations
Empty space on retail parks increased by its fastest rate for four years last year due to casualties in the retail sector, according to new research.
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News
Biggest retail administrations leave unsecured debts of £1bn
Taxpayers, suppliers and landlords are likely to have lost £1.03bn due to the collapse of big-name retailers since the start of last year.