All Insolvency & administration articles
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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.
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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.