All Insolvency & administration articles
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NewsThe Original Factory Shop axes a third of head office staff
The Original Factory Shop has made a third of its total head office staff redundant less than a week after it collapsed into administration, Retail Week can reveal.
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NewsLK Bennett snapped up out of administration by Poundland owner
Fashion retailer LK Bennett has been acquired out of administration by the owner of Poundland and Laura Ashley.
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NewsTOFS chair left with ‘no choice’ but to appoint administrators
The Original Factory Shop chair has said he was left with “no choice” but to put the business into administration after talks with prospective buyers for the brand collapsed, Retail Week can reveal.
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NewsClaire’s collapses into administration for second time
Accessories retailer Claire’s has collapsed into administration again, just four months after it was bought out of insolvency, putting 1,000 jobs at risk.
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InterviewInterview: Tom Joule on what’s coming next for the British lifestyle brand
Tom Joule is entering the new year with a pep in his step. His eponymous lifestyle brand – a favourite among the middle classes for its town wellies and preppy jumpers – is on track to turn its first profit since it collapsed into administration in 2022.
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AnalysisWhat’s next for Russell & Bromley under new ownership?
Russell & Bromley was scooped up by high street giant Next this week, acquiring the specialist retailer’s brand and assets in a pre-pack deal.
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NewsNext snaps up footwear specialist Russell & Bromley
Fashion giant Next has bought the brand and other assets of footwear retailer Russell & Bromley in a pre-pack administration deal.
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NewsMalin + Goetz to shut all UK stores as it collapses into administration
Skincare and fragrance brand Malin & Goetz has filed for administration in the UK, leading to the immediate closure of its UK store estate and redundancy of all store staff, Retail Week can reveal.
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NewsApparel Brands Group joins bidders for Russell & Bromley
Apparel Brands Group is among the parties said to be bidding for shoe retailer Russell & Bromley.
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NewsRussell & Bromley faces stores shutdown in Next deal
The 150-year-old shoe retailer Russell & Bromley may lose its store estate as part of a breakup deal.
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NewsNext eyes rescue bid for LK Bennett
Next is reportedly exploring a rescue offer for premium womenswear brand LK Bennett.
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NewsLK Bennett seeks out a buyer
Luxury fashion retailer LK Bennett is looking for a potential buyer and investor six years after being rescued from administration.
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NewsFrasers Group sells Matches
Frasers Group has sold Matches to the founders of members-only shopping app Mile, who will relaunch the luxury platform next year.
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NewsFrasers Group confirms Matches relaunch
Frasers Group is set to relaunch Matches next year, two years after it placed the luxury brands platform into administration.
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NewsBodycare snapped up by former Body Shop CEO
An investment group fronted by former Molton Brown and The Body Shop chief executive Charles Denton has acquired embattled beauty retailer Bodycare out of administration.
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NewsModella Capital demands rent cuts from Claire’s landlords
Private equity firm Modella Capital has demanded rent holidays until after Christmas from the landlords of the stores it acquired as part of its £3.6m deal to save the struggling retailer, Retail Week understands.
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NewsModella Capital weighs up bid for New Look
New Claire’s Accessories owner Modella Capital is understood to be considering a potential bid for womenswear brand New Look, Retail Week understands.
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NewsClaire’s snapped up by Modella Capital
Embattled fashion accessories retailer Claire’s has been bought out of administration by Modella Capital, which owns retailers TG Jones, Hobbycraft and the Original Factory Shop.
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NewsWestfield launches Allders Parade in former historic department store
Westfield owner Unibail-Rodamco-Westfield (URW) is poised to open the doors to a new retail development inside the historic Allders department store in Croydon this week.
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NewsAll remaining Bodycare stores to close as administrator fails to find buyer
All 57 remaining stores of embattled health and beauty retailer Bodycare are set to be shuttered before the end of the week after administrators Interpath failed to find a buyer for the chain, Retail Week can reveal.