All Insolvency & administration articles
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NewsPoundland files notice of intention to appoint administrators
Value retailer Poundland looks poised to be put into administration, barring any last minute deal.
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NewsPoundland owner restricts retailerâs access to funding
Gordon Brothers, the owner of Poundland, has limited the value retailerâs access to financing, further raising fears of an administration, Retail Week understands.
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NewsPoundland situation condemned as âunexpected, unwanted and wholly avoidableâ
The possibility of a break-up of Poundland has been greeted with dismay at the value retailer, Retail Week can reveal.
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NewsB&M and Lidl enter Poundland race as sale process ramps up
Discount supermarket chain Lidl and value retailer B&M have both reportedly entered the race for Poundland, as the race to snap up some or all of the struggling chain intensifies.
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NewsHMRC raids Moda In Pelle head office as part of tax probe
HM Revenue & Customs has raided the head office of troubled footwear retailer Moda in Pelle as part of its ongoing investigation, West Yorkshire Police have confirmed to Retail Week.
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NewsGordon Brothers signs new licensing partner for Radley
Gordon Brothers has appointed Lloyd Baker Leather as its first licensing partner for Radley.
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NewsLK Bennett owner to receive ÂŁ3m in fees following rescue deal
LK Bennett owner Gordon Brothers is set to receive some ÂŁ3m in consultancy and stock clearance fees, after acquiring the business out of administration earlier this year.
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NewsHarvey Nichols sale set to cost suppliers hundreds of millions
Luxury suppliers to Harvey Nichols are set to recover less than 15p in the pound after the luxury department store went into administration owing ÂŁ270m to unsecured creditors.
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NewsFrasers to pay off former Harvey Nichols ownerâs debt to stylists
Frasers Group has shared it is making goodwill payments to personal shoppers and stylists who were owed money by Harvey Nichols under its previous ownership.
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NewsHarvey Nichols acquired by Frasers Group
Frasers Group has scooped up luxury department store retailer Harvey Nichols in a pre-pack deal that preserves over 1,000 jobs.
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NewsKaren Millen to make brick-and-mortar return
Karen Millen is set to return to the British high street this week after more than seven years since the brandâs collapse into administration.
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NewsFrasers leads Harvey Nichols takeover race
Frasers Group has emerged as the frontrunner to secure a takeover of struggling luxury department store group Harvey Nichols.
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NewsMike Ashley casts doubt over Harvey Nicholsâ prospects
Mike Ashley has raised concerns over the future of Harvey Nichols, stating it is in a âdeath spiralâ, despite his retail empire being in the running to acquire it.
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FeatureHow Ted Baker is rebuilding its high street empire
Ted Baker has had quite the ride on the British high streets during its nearly 40-year reign.
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NewsTGJones restructuring plan waved through by court
Embattled high street retailer TGJonesâ restructuring plan has been approved by the High Court, allowing the brand to push forward with its turnaround plan.
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NewsPoundstretcher restructuring plan approved by High Court
The restructuring plan of variety retailer Poundstretcher has been approved by the court today (June 12).
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NewsPlus-size fashion brand Evans returns to the high street
Plus-size womenswear brand Evans has returned to the high street in selected Yours Clothing stores.
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NewsRiver Island mulls store expansion after return to profit
River Island has revealed it is actively reviewing opportunities to expand its store estate in the UK and Ireland following its return to profit.
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NewsBrandAlley sold in pre-pack deal
Members-only platform BrandAlley has been rescued from administration in a pre-pack deal.
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NewsModella plans rent and job cuts at footwear chain
Investment firm Modella Capital, owner of TGJones, Hobbycraft, and most recently Flying Tiger Copenhagen, is plotting rent and job cuts at a footwear retailer it bought late last year.