Administration

Next and Frasers Group mulls bid for Ted Baker

Mike Ashley’s Frasers Group and Next have expressed interest in acquiring Ted Baker, according to the Times. The news comes…

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Today’s news in brief-9/4/24

No Ordinary Designer Label Limited (NODL), the retailers of the Ted Baker brand in the UK and Europe, will close…

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Ted Baker to close 11 stores

The joint administrators of No Ordinary Designer Label Limited (NODL), retailers of the Ted Baker brand in the UK and…

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Number of retailers going insolvent jumps to 2,195, says Mazars

The number of insolvencies of retailers increased 19% in the past year to 2,195 in 2023/24, up from 1,843 in…

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Today’s news in brief-5/4/24

Carpetright has enlisted the help of advisers to explore avenues for cutting costs amidst a challenging market. With weakening demand…

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Majestic acquires Vagabond Wines

Majestic, the UK’s largest specialist wine retailer, has bought Vagabond Wines out of administration, saving nine of its wine bars…

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How can retailers effectively manage their inventory?

Inventory management stands as a fundamental aspect of effective retail store administration. Situated within supply chain management, its objective lies…

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Ted Baker to call in administrators

The US owner of Ted Baker, Authentic Brands Group, has announced its intention to appoint Teneo Financial Advisory as administrators…

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Frasers Group calls in administrators for two kids brands

Frasers Group has called in administrators from Kroll Advisory for Kids Cavern and Base Childrenswear on Friday 8 March, Drapers…

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Today’s news in brief-13/3/24

Morrisons reported a loss of £1.1bn for the year ending October 2023. The increase in debt, mainly due to the…

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