All Insolvency & administration articles – Page 13
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OpinionOpinion: Monsoon and Quiz pre-packs punish staff for management mistakes
The pre-pack administrations unveiled by Monsoon Accessorize and Quiz this morning were certainly portrayed as good news for the businesses and their respective workforces.
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NewsMonsoon and Accessorize bought out of administration by founder
Peter Simon has bought Monsoon and Accessorize out of administration with cash from a new holding company in a bid to “rescue a significant number of stores”.
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NewsQuiz property arm slips into administration as it eyes store portfolio restructure
Struggling fashion brand Quiz has said it will seek to appoint administrators to its wholly owned subsidiary in a bid to restructure its failing retail store portfolio.
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NewsCoronavirus: Debenhams to reopen 50 stores from June 15
Embattled department store chain Debenhams has announced it will reopen 50 stores across England on June 15, following the closure of its estate due to the ongoing coronavirus pandemic.
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NewsJobs saved as ‘substantial’ part of Oddbins bought out of administration
More than half of off licence chain Oddbins stores will remain open after the retailer was bought out of administration by an unknown bidder.
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NewsAldo falls into administration amid coronavirus troubles
The UK division of Canadian footwear specialist Aldo has collapsed into administration, blaming its travails on the impact of the coronavirus pandemic.
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NewsMonsoon Accessorize teeters on brink putting 3,500 jobs at risk
Monsoon Accessorize is on the brink of becoming the latest retailer to tumble into administration amid the coronavirus crisis, putting 3,500 jobs at risk.
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NewsCoronavirus: French Connection seeks urgent funding in battle for survival
French Connection is in urgent talks with potential funding partners as it battles to stay afloat amid the coronavirus crisis.
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NewsJ Crew becomes first major coronavirus casualty in the US
J Crew has become the first major US retailer to file for bankruptcy protection since the coronavirus lockdown was enforced.
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NewsOasis and Warehouse boss Hash Ladha exits
Oasis and Warehouse’s group chief executive Hash Ladha has stepped down from his role as the company continues its administration process.
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OpinionOpinion: Amazon-Deliveroo CMA verdict must spark more collaboration
It was a judgement that should have been reached a long time ago, but one that, given its timing, could carry far greater significance for retail.
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NewsCath Kidston to shut UK stores in pre-pack deal
Fashion retailer Cath Kidston’s 60 UK stores are likely to be closed and the business will focus on trading online and wholesale.
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NewsRetailers and landlords call on government to underwrite retail rents
Retailers and landlords have written to the chancellor pleading for help with rents, saying the future of the high street will be decided in “weeks rather than years”.
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NewsOasis and Warehouse on brink of collapse with 2,300 jobs at risk
Fashion retailer Oasis and Warehouse is on the brink of collapse putting 2,300 jobs at risk due to the ongoing coronavirus outbreak.
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NewsDebenhams liquidates Irish arm as it appoints administrators
Ailing department store chain Debenhams has appointed administrators for the second time in 12 months and has liquidated its Irish business.
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AnalysisThe Big Question: Can department stores survive coronavirus crisis?
As Debenhams tumbles into administration for the second time in a year and Fenwick makes sweeping leadership changes, Retail Week asks industry experts for their view on whether department stores can survive the coronavirus crisis.
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NewsDebenhams intends to appoint administrators
Debenhams has filed a notice of intention to appoint administrators in a bid to protect the business from liquidation.
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NewsDebenhams puts administrators on standby amid coronavirus disruption
Debenhams stakeholders are understood to be preparing to place the department store chain into administration as soon as next week.
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OpinionThe Secret Retailer: We are hurtling towards unimaginable social and economic crisis
In the latest in our series of columns from a ‘secret retailer’, one chief executive warns chancellor Rishi Sunak of the stark reality their business faces without access to one of the government’s coronavirus support loans.
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NewsLaura Ashley administrators make redundancies and furlough staff
The administrators in charge of winding down Laura Ashley announced overnight they had made more than 200 redundancies and placed the retailer’s remaining store staff on furlough.