All Insolvency & administration articles
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NewsBodycare announces new partnership to become UKās āfirst AI retailerā
Health and beauty retailer Bodycare has partnered with an IT services company to delivery the digital infrastructure required to power its new store network, as it ids to become the UKās āfirst AI retailerā.
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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.
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NewsHome Bargains eyes up heritage brand acquisition
Value retailer Home Bargains is pondering the purchase of famous pottery brand Denby out of administration.
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NewsPoundland owner snaps up Radley in pre-pack deal
Poundland owner Gordon Brothers has bought the brand and other assets of British handbag-maker Radley in a pre-pack administration deal.
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NewsAll remaining Quiz stores to close with the loss of 360 jobs
The administrators of Quiz Clothing have said that it will begin a phased closure plan for the stricken retailerās 37 stores, resulting in the loss of 360 jobs.
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NewsModa in Pelle CEO departs and replaced with founderās son
The chief executive of embattled footwear retailer Moda in Pelle has left the business and been replaced by the founderās son, Retail Week understands.
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NewsModa in Pelle served winding-up petition over unpaid debts
Troubled footwear retailer Moda in Pelle has been served with a winding-up petition related to unpaid debts following reports that the company was reviewing its financial position, Retail Week has learned.
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NewsQuiz stores to trade through May as administrators wind down stock pile
Quiz stores are expected to remain open through the month of May and possibly into June as administrators wind down the fashion retailerās stock pile, Retail Week understands.
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NewsTGJones could collapse into insolvency by summer
Modella Capital has told creditors to back its restructuring proposals or risk the business collapsing into insolvency by the end of July, according to restructuring plans seen by Retail Week.
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AnalysisTGJonesā restructuring plan reveals a businessā desperate fight for survival
Retail Week has seen the restructuring plan put forward to creditors and landlords by TGJones owner Modella Capital. The details make for grim reading.
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NewsTGJones owner details restructuring proposals putting stores and jobs at risk
Modella, the owner of TGJones, has launched a restructuring plan involving the shuttering of up to 150 branches and hundreds of job losses.
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NewsTGJones closes in on debt refinancing deal
TGJones, the rebranded WHSmith high street business, is nearing a refinancing of debt facilities, it is understood.
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NewsFrasers rides to the rescue of childrenās bicycle-maker
Frasers Group has continued its spending spree by riding to the rescue of childrenās cycle-maker Frog Bikes.
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AnalysisWhy TGJonesā impending restructuring has the retail property sector worried
With TGJonesā long-expected restructuring proposals expected to be put forward soon, financial advisory firms are privately worried that Modella Capitalās latest attempts at a ācram-downā could kill the measure off for good
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NewsOver a thousand jobs to go as Claireās ceases trading
The administrators of Claireās have confirmed that 1,300 remaining staff have been made redundant, as the business has today been wound up.
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NewsTOFS stores and head office closed as Interpath begins winding business down
All remaining TOFS stores have been shut, its head office closed, and all remaining staff members have been made redundant, with administrators now in the process of winding the business down, Retail Week can confirm.
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NewsOnBuy plans to launch Comet in time for autumn
UK-founded marketplace OnBuy is due to launch Comet later this year, Retail Week can reveal.
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NewsBodycare to open six UK stores in return to the high street
Embattled value beauty chain Bodycare is set to open six new stores in the UK as it returns to the high street following its rescue from administration in October 2025.