All Insolvency & administration articles – Page 32
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Smallbone bought out of pre-pack administration
Luxury homewares and furniture retailer Smallbone has been put into pre-pack administration and bought by Canburg, a company owned by Leo Caplan.
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Diamonds and Pearls falls into administration
Jewellery chain Diamonds and Pearls has fallen into administration, putting up to 300 jobs at risk.
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Mosaic enters pre-pack administration
Mosaic Fashions has been put into pre-pack administration, with most of the group being sold immediately to Icelandic bank Kaupthing and Mosaic’s management.
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Mosaic set for pre-pack administration on Monday
Mosaic Fashions is due to enter a pre-pack administration process on Monday.
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Elvi put into administration
Womenswear chain Elvi has been put into administration and confirmed redundancies after the plus-size fashion specialist was hit by financial difficulties.
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Retail administrations drive high street voids as high as 15%
Average retail voids have reached 11.2 per cent and are as high as 15 per cent in the worst hit areas, according to a report by property agent Cushman & Wakefield.
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EBTM future uncertain as administration looms for subsidiaries
EBTM, the e-tailer of music inspired fashion, has applied to appoint administrators to its subsidiaries after failing to raise funding for the businesses.
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NewsBlooming Marvellous bought out of administration
A group of investors including Ethel Austin owner Elaine McPherson has bought Blooming Marvelous from administrators MCR.
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JJB places Qube and OSC into administration
JJB Sports has officially placed its Lifestyle division, comprising the Qube and Original Shoe Company chains, into administration.
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Stylo chairman to buy 200 stores from administration
Stylo chairman Michael Ziff is planning to buy back 200 of the group’s 380 stores from administrator Deloitte.
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Stylo to go into administration
Shoe retailer Stylo is poised to go into administration after its creditors and landlords voted against the proposed Company Voluntary Arrangement (CVA) for its Barratts and Priceless chains.
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Two key fashion suppliers go into administration
Cracks are continuing to appear in the fashion supply chain as two suppliers of mid-market womenswear hit the buffers.
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Stylo administration looms as CVA hangs in balance
Last ditch attempts are under way to secure approval of company voluntary arrangements for the Barratts and Priceless chains.
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Austin Reed buys Viyella out of administration
Womenswear chain Viyellla has been bought out of administration from Austin Reed.
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Baugur in administration
Updated: Baugur’s stakes in retailers House of Fraser, Hamleys, Aurum and Iceland have been placed in to administration.
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Baugur on the brink of administration as Landsbanki pulls funding
Icelandic investment giant Baugur is understood to be on the brink of falling into administration after its backer Landsbanki pulled its funding.
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Blooming Marvellous in administration
Updated: Maternity specialist Blooming Marvellous has gone in to administration as exclusively revealed by Retail Week on Wednesday.
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Barratts and Priceless Shoes go into administration
Shoe retailer Stylo's Barratts and Priceless Shoes have gone into administration.
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Sofa Workshop sinks into administration
Sofa Workshop has plunged into administration, after last-ditch attempts to save the business failed.
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Woolworths Group applies for administration
The board of Woolworths Group has applied to go in to administration, following the collapse of its retail arm and entertainment division EUK last year.