All Insolvency & administration articles
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AnalysisWith another rescue bid in the offing, does Claire’s deserve saving?
Embattled fashion accessories retailer Claire’s was thrown another potential life ring this week when the brand’s European owner revealed he was in talks to acquire its UK stores business.
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NewsFrench businessman makes attempt to rescue Claire’s
A French jewellery businessman is in talks with Claire’s as he plans to rescue the business from complete collapse.
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NewsBeauty Bay sold to French-owned investment group
Manchester-based Beauty Bay has been sold to a French-owned investment group after it lined up administrators last month.
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Opinion‘WHSmith can’t be expected to bail out Modella’s embattled TGJones’
WHSmith has challenges of its own to cope with, and it’s impossible to see why it would divert any focus to the fortunes of its former high street arm. Ultimately, the buck stops with TGJones’ owner, Modella, observes George MacDonald
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NewsTGJones owner approaches restructuring firm over store closure plans
Modella Capital, the owner of TGJones, has approached Teneo to help draw up plans to restructure the business.
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NewsHobbycraft owner explores sale after takeover interest
Hobbycraft owner Modella Capital is exploring a possible sale of the crafting specialist after receiving a takeover offer.
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NewsBeauty Bay lines up administrators as it shutters online store
Beauty Bay has placed administrators on standby and closed its online store as it continues its search for new investors.
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NewsRussell & Bromley losses nearly doubled in run-up to collapse
Russell & Bromley’s losses almost doubled in the year leading up to its collapse last month, as falling sales and rising costs weighed on the brand’s bottom line.
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NewsQuiz administrators step up search for new buyer
Quiz administrators have deepened the brand’s clearance Sale across its store estate as the search for a buyer continues, Retail Week can reveal.
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NewsThe Original Factory Shop collapsed into administration owing suppliers £9m
The Original Factory Shop collapsed into administration owing suppliers millions in unpaid-for stock and other debts, Retail Week can reveal.
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NewsQuiz collapses into administration with over 100 jobs to be lost
Fashion retailer Quiz has collapsed into administration this afternoon (February 5), putting 565 jobs at risk.
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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.