All Insolvency & administration articles – Page 28
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NewsDreams acquired by Sun European in £35m pre-pack administration deal
UPDATED: ScS-owner Sun European last night acquired beds giant Dreams in a pre-pack administration deal for £35m, Retail Week has learned.
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NewsHomewares retailer Textiles Direct heads for administration
Homewares retailer Textiles Direct is understood to have filed a notice of intention to appoint an administrator, putting 400 jobs at risk.
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NewsSports Direct buys young fashion retailer Republic out of administration
Sportswear giant Sports Direct has confirmed it has acquired young fashion retailer Republic out of administration.
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NewsStore closures surge tenfold in 2012 driven by retail administrations
An unprecedented level of large-scale retail collapses pushed the number of store closures among multiple retailers up tenfold in 2012.
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NewsUnited Carpets' share suspension lifted after administration
United Carpets Group has relisted its shares after a controversial pre-pack administration in which the company acquired its assets back from the administrators.
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NewsSuppliers increase their credit insurance cover after retail administrations
Suppliers to retailers increased their trade credit insurance cover by 17% last year driven by furniture and electronics businesses after the number of retail failures rose, according to insurer Atradius.
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NewsRetail administrations could lead to a sixth of stores lying empty
Retail administrations and the resulting store closures could lead to one in six stores on the high street lying empty this year, according to the Local Data Company
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NewsRepublic collapses into administration as 150 head office staff axed
Fashion chain Republic has plunged into administration as 150 head office staff have been made redundant.
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NewsFashion chain Republic poised to plunge into administration
Fashion retailer Republic is understood to be on the verge of administration, with administrator Ernst & Young waiting in the wings.
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NewsJessops bought out of administration by Dragons' Den star Peter Jones
Collapsed camera specialist retailer Jessops has been bought out of administration by entrepreneur and Dragons’ Den star Peter Jones.
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AnalysisAnalysis: Why did Mothercare Australia fall into administration?
Mothercare’s Australian problems - the parent and baby retailer’s Australian operation has today been placed into administration - highlight the dangers of rapid international expansion.
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NewsMothercare Australia placed into administration as trading deteriorates
Mothercare Australia has been placed into administration after trading conditions in the country deteriorated and talks to find a buyer for the business failed.
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NewsVince Cable rejects calls for Government to support retail
Business secretary Vince Cable has dismissed criticism levelled at the Government in the past week that more needs to be done to help support the retail sector following a series of collapses.
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NewsBlockbuster collapses into administration
Entertainment specialist Blockbuster has plunged into administration, making it the third large retailer to hit the buffers in a week following the collapse of Jessops and HMV.
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AnalysisAnalysis: What next for HMV as it prepares to file for administration?
HMV is on the verge of collapse as it prepares to officially appoint Deloitte as administrator. With a strong brand and a lot of good will among the public and suppliers for the retailer, there is a chance the business could be bought out of administration in some form. Retail Week takes a look at the likely options on the table for administrator Deloitte.
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AnalysisHMV timeline: Charting the company's history
HMV is poised to appoint administrators, putting up to 4,000 jobs in jeopardy. Retail Week takes a look at 92-year life of the long-standing entertainment retailer.
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AnalysisHMV administration: What the analysts say
HMV is poised to appoint administrator Deloitte after the struggling entertainment retailer suspended shares last night. Retail Week takes a look at what the retail market thinks.
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NewsUPDATED: HMV suspends shares and confirms administration beckons
Entertainment retailer HMV has suspended its shares and revealed it is set to call in Deloitte, as it filed a notice of intent to appoint an administrator.
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NewsUPDATED: Jessops collapses into administration, store closures expected
Jessops has collapsed into administration with PwC appointed as administrator, as tipped by Retail Week this morning.
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NewsRetail administrations jump 6% in 2012
The number of retailers falling into administration jumped 6% year on year in 2012, according to accountancy firm Deloitte which predicts further distress for the sector in the year ahead.