All Insolvency & administration articles – Page 8
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NewsMike Ashley’s Frasers swoops in with late rescue bid for Debenhams
Frasers Group has made a last-minute rescue bid for ailing department store chain Debenhams, with owner Mike Ashley vowing to save as many jobs as possible.
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Opinion‘Arcadia tycoon Green – from retail’s King Midas to King Canute’
Topshop tycoon Sir Philip Green’s fall from grace has been so spectacular and so total that it’s hard to remember what a force he once was.
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NewsGreen family set to pay £50m into Arcadia pension pot within next 10 days
Sir Philip Green’s family is set to pay £50m into his crumbling fashion group’s pension pot in the next 10 days, as the business secretary called on the watchdog to investigate.
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NewsBonmarché collapses into administration in grim week for retail
Fashion retailer Bonmarché has plunged into administration, adding to a grim toll of retail collapses this week.
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AnalysisAs Arcadia and Debenhams collapse, what will the aftershock mean for retail?
As December, traditionally the height of retail’s peak trading period begins, two of the industry’s most venerable names have been brought low by the Covid earthquake that has shaken the industry.
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NewsDebenhams to go into liquidation with 12,000 jobs at risk
Debenhams is set to go into liquidation putting 12,000 roles at risk after JD Sports confirmed it had withdrawn interest in buying the ailing department store chain.
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NewsArcadia collapses into administration putting 13,000 jobs at risk
Sir Philip Green’s Arcadia group has tumbled into administration leaving the future of its 13,000 employees hanging in the balance.
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Opinion‘Black Friday exposes a divide retailers can’t afford to be on wrong side of’
Shopify president Harley Finkelstein described retail as a tale of two worlds when he spoke to us last week – the “resistant” and the “resilient”.
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NewsAshley offers Arcadia a lifeline as Cowgill backs away from Debenhams deal
The imminent collapse of Sir Philip Green’s Arcadia empire has prompted a domino effect in the high street, with JD Sports’ rescue bid for Debenhams now in jeopardy.
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NewsMoss Bros launches CVA as coronavirus hammers sales
Menswear retailer Moss Bros has announced a CVA to mitigate the impacts of the pandemic and help secure a future for the business.
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NewsArcadia teeters on brink of collapse, 13,000 jobs at risk
Sir Philip Green’s Arcadia empire could collapse into administration as soon as next week.
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NewsJD Sports enters talks with Debenhams over rescue bid
Sports fashion retailer JD Sports has entered exclusive talks with Debenhams over a rescue bid that could secure the future of the struggling department store chain.
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NewsEdinburgh Woollen Mill brands Jaeger and Peacocks appoint administrators
Edinburgh Woollen Mill Group has appointed administrators for Jaeger and Peacocks.
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NewsEdinburgh Woollen Mill falls into administration, 2,500 jobs at risk
Edinburgh Woollen Mill (EWM) has appointed administrators as the impact of the coronavirus pandemic hammers its business performance.
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NewsMike Ashley hits out at Debenhams as liquidator waits in wings
Mike Ashley has raged after allegedly being excluded from the race to buy Debenhams as restructuring firm Hilco prepares to liquidate parts of the business.
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News
Laura Ashley partners with Next to relaunch homewares
Laura Ashley has announced a partnership with Next to sell its home products both online and in stores.
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NewsIntu Metrocentre taken over by Sovereign Centros
Shopping centre operator Sovereign Centros has taken ownership of the Metrocentre in Gateshead, as the assets of former institutional landlord Intu continue to be sold off.
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NewsDebenhams suitors given three-day deadline to make a bid
Potential suitors to buy struggling department store chain Debenhams have been given until the middle of this week to make a £300m to rescue the retailer.
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NewsGap mulls closure of all European stores and UK warehouse
American fashion chain Gap is considering closing all of its European stores and operating in the region purely through partnerships, potentially putting hundreds of jobs at risk.
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NewsEdinburgh Woollen Mill tycoon Philip Day plots bid to buy back Peacocks
Edinburgh Woollen Mill tycoon Philip Day is plotting a bid to save budget fashion chain Peacocks and jettison the rest of the group.