All Insolvency & administration articles – Page 3
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NewsTed Baker administrator closes 15 stores with 245 job losses
Administrator Teneo has announced the closure of 15 Ted Baker stores across the UK, resulting in 245 job losses at the fashion retailer.
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NewsRetailers face mounting pressure as insolvencies surge by 19%
Rising interest rates, escalating costs and restrained consumer spending have cast a shadow over retail, leading to a surge in insolvencies.
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NewsThe Body Shop administrator proposes CVA to rescue business
The Body Shop’s administrator has proposed a company voluntary arrangement (CVA) to rescue the business, according to a report outlining the struggling beauty chain’s financial position and the events leading up to its administration.
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Opinion‘Without Ray Kelvin’s idiosyncratic imprint, has Ted Baker lost its identity?’
Less than two years after its £211m acquisition by US brand development giant Authentic Brands, it looks as if Ted Baker’s core UK business is next in the administrators’ retail inbox.
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NewsTed Baker heads into administration putting hundreds of jobs at risk
Fashion retailer Ted Baker is poised to collapse into administration, putting 86 stores and hundreds of jobs at risk.
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NewsMatches suppliers left up in the air after collapse into administration
Matches suppliers have reportedly been left in the lurch after the retailer collapsed into administration earlier this month.
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AnalysisHow issues around The Body Shop’s IP will shape its future
As The Body Shop’s woes deepen and one of its international businesses after another follows the UK arm into administration, Retail Week takes a look at what role the ownership of the retailer’s IP will play in shaping the brand’s future
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NewsThe Body Shop files for bankruptcy in US and Canada
The Body Shop’s US and Canadian arms have filed for bankruptcy despite being profitable after the beauty retailer’s UK business went into administration last month.
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NewsFrasers Group puts Matches into administration
Frasers Group is putting online luxury fashion retailer Matchesfashion into administration after buying it less than three months ago.
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NewsThe Body Shop administrators investigate missing millions
The Body Shop’s administrators are investigating claims of millions of unaccounted funds that were taken out of the business before its collapse.
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NewsThe Body Shop: full list of store closures
The Body Shop will be closing 75 stores in a phased process over the coming weeks cutting its store footprint to nearly half in the country.
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NewsThe Body Shop to shut 75 UK stores and cut more jobs
The Body Shop will shut a further 75 stores resulting in nearly 500 job losses over the coming weeks as administrators take measures to restructure the UK business.
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Opinion‘Body Shop shows standing still is the most dangerous thing you can do in retail’
Retailers such as Lush and Rituals show the kind of mentality that bricks-and-mortar retailers need, by giving customers an experience they can’t get on a screen, maintains Natalie Berg.
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NewsThe Body Shop UK store closures begin as administrators take charge
The Body Shop is set to close approximately half of its UK stores and cut 40% of head office jobs as administrators announced a plan to restructure the business in the country.
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NewsExclusive: Over 2,000 jobs at risk as The Body Shop’s European businesses left in limbo
The Body Shop’s businesses across continental Europe are in danger of collapsing, leaving the fate of thousands of jobs and hundreds of stores in multiple countries in the balance.
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Opinion‘The Body Shop’s plunge into administration leaves a bad smell’
The early new year often brings retail administrations, and so it has sadly proved for The Body Shop’s UK business.
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AnalysisCan The Body Shop be salvaged after collapsing into administration?
As The Body Shop falls into administration less than three months after being bought by private equity firm Aurelius, Retail Week explores what happens next for the once-disruptive British retailer
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NewsThe Body Shop appoints administrators
The Body Shop has confirmed FRP Advisory as administrators of the business as it looks to “accelerate restructuring of the UK business”.
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NewsEvri parcelled up for £2bn sale
Evri is being prepared for a multibillion-pound sale by its private equity owner, according to reports.
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NewsNew Body Shop owner prepares to appoint administrators in UK
The Body Shop’s new owner is preparing to call in administrators just weeks after taking over the retailer.
