All Insolvency & administration articles
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AnalysisWhy TGJonesâ impending restructuring has the retail property sector worried
With TGJonesâ long-expected restructuring proposals expected to be put forward soon, financial advisory firms are privately worried that Modella Capitalâs latest attempts at a âcram-downâ could kill the measure off for good
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NewsOver a thousand jobs to go as Claireâs ceases trading
The administrators of Claireâs 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.
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NewsQuiz stores to be reviewed by administrators at the end of April
Administrators Interpath will review whether to continue trading from the 40 Quiz stores currently open at the end of April, provided no rescue deal can be reached in that time, Retail Week understands.
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AnalysisWith another rescue bid in the offing, does Claireâs deserve saving?
Embattled fashion accessories retailer Claireâs was thrown another potential life ring this week when the brandâs European owner revealed he was in talks to acquire its UK stores business.
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NewsFrench businessman makes attempt to rescue Claireâs
A French jewellery businessman is in talks with Claireâs as he plans to rescue the business from complete collapse.
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NewsâBeauty 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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OpinionâWHSmith canât be expected to bail out Modellaâs embattled TGJonesâ
WHSmith has challenges of its own to cope with, and itâs impossible to see why it would divert any focus to the fortunes of its former high street arm. Ultimately, the buck stops with TGJonesâ 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 & Bromleyâs losses almost doubled in the year leading up to its collapse last month, as falling sales and rising costs weighed on the brandâs bottom line.
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NewsQuiz administrators step up search for new buyer
Quiz administrators have deepened the brandâs 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 ÂŁ9m
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 âno choiceâ but to appoint administrators
The Original Factory Shop chair has said he was left with âno choiceâ but to put the business into administration after talks with prospective buyers for the brand collapsed, Retail Week can reveal.