Administration

Frasers ups stake in Boohoo to 23.1%

Mike Ashley’s Frasers Group has upped its stake in Boohoo to 23.1% as it continues investing in a number of…

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Frasers Group closes in on Ted Baker deal

Frasers Group is reportedly closing in on a deal to become the new partner of struggling retailer Ted Baker, Sky…

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Today’s news in brief-30/4/24

Shop price inflation in the UK eased to 0.8% in April, a decrease from 1.3% in March, according to the…

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Frasers buys back Matches IP from administration

Frasers has announced that it has reached an agreement with the administrators of Matches Fashion to acquire certain intellectual property…

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Today’s news in brief-29/4/24

Ted Baker’s European operations are on the brink of administration, endangering 149 jobs. The potential collapse affects stores and concessions…

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Ted Baker’s European arm faces collapse, 149 jobs at risk

The European arm of Ted Baker is reportedly at risk of entering administration with 149 roles at risk.According to Drapers,…

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Today’s news in brief-25/4/24

Getir is set to exit the UK and Europe as investors inject additional funds into the company, according to Sky…

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Matchesfashion creditors owed £36m following collapse

Burberry, Gucci and Prada are among the creditors owed £36m following the collapse of Matchesfashion last month, the FT has…

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Today’s news in brief-15/4/24

Dr. Martens has initiated legal action against online retailer Temu for alleged trademark infringement. Dr. Martens claims that Temu used…

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The Body Shop to cut tax bill if it exits administration

Administrators for The Body Shop have been working on a deal to cut the firm’s tax bill should it emerge…

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