Latest finance news – Page 625
-
News
Wedgwood falls into administration
Ceramics and crystal retailer and wholesaler Waterford Wedgwood has entered administration.
-
News
Blooming Marvellous on the brink of administration
Maternity specialist Blooming Marvellous is the latest retailer to be teetering on the brink of administration, according to reports.
-
News
Adams in administration
PriceWaterhouseCoopers has been appointed administrator to the UK's largest independent childrenswear retailer, Adams.
-
News
Baugur denies plans for Icelandic government to take retailer stakes
Baugur has issued a statement denying reports yesterday that the Icelandic government may take stakes in UK retailers as part of the country's financial restructuring.
-
News
Mothercare photo concessionaire collapses
One of the UK's largest operators of photo studios, which operated the majority of its branches within Mothercare stores, has collapsed.
-
News
Debenhams to raise cash, reports claim
Debenhams is planning to raise extra cash in order to reduce its debt levels, today's Financial Times reports.
-
News
Hunter buys stores back after USC enters administration
USC, the fashion chain backed by Sir Tom Hunter, today became the latest high street name to enter administration.
-
News
Icelandic government may take retail stakes
The Icelandic government may take direct stakes in UK retailers as part of its plans to reform its devastated financial system.
-
News
Adams poised for administration
Childrenswear retailer Adams has applied to go into administration.
-
News
Zavvi goes into administration
Entertainment retailer Zavvi today became the latest retailer to go into administration.
-
News
The Officers Club chief executive rescues chain from administration
Menswear chain The Officers Club has been rescued from administration by its chief executive Dave Charlton.
-
News
Whittard bought out of administration in pre-pack deal
Whittard of Chelsea has been rescued by private equity group Epic in a pre-pack administration deal.
-
News
Theo Fennell slips into the red
Jeweller to the stars Theo Fennell notched up losses of 840,000 in the six months to September 30 and revealed it will consider cutting back its expansion plans.
-
News
Whittard poised for administration
Tea and coffee retailer Whittard of Chelsea is on the brink of administration, although it is understood a buyer is still likely to be found for part of the business.
-
News
Cloudy outlook for January Sales
Shoppers look likely to come out in force for the January Sales but intend to spend less, confirming fears that retailers will continue to face tough conditions in the new year.
-
News
Costco’s US sales lift offsets overseas drop
US discount retailer Costco has reported a rise in sales in its home market for the first quarter of its 2009 financial year, offsetting a decline internationally.
-
News
Big loss for Arcandor as Karstadt costs soar
Arcandor has revealed full-year net losses of 745.7 million ( 663.7 million), as restructuring and tough trading at its department store chain Karstadt continued to pull down the German group’s earnings.
-
News
Kesa profits plummet on poor performance in UK and Spain
Kesa unveiled a lacklustre set of first-half results after the electricals group’s performance was dragged down by its UK and Spanish operations.
-
News
Monthly rents demand as Carpetright struggles
Carpetright has revealed to Retail Week that it will only take on new stores from landlords that offer monthly rents.
-
News
Sports Direct: The City View
Sports Direct, the group controlled by controversial tycoon Mike Ashley, pleased the City with a better than expected first half.