Holland & Barrett owner urged to provide cash injection

Holland and Barrett's owner may have to inject more cash into the business

The owner of health food specialist Holland & Barrett has been urged by lenders to provide additional cash as tough high street conditions bite.

Holland & Barrett’s billionaire owner Mikhail Fridman is under pressure to inject cash following a turndown in performance, The Sunday Times reported.

Concern was stoked by after a bondholder update last month by new Holland & Barrett boss Tony Buffin. Sources said that earnings of £104m at Holland & Barrett in its last financial year did not meet expectations and the retailer’s bonds were reported subsequently to be trading at 50p in the pound.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.