Administration

Matches CEO and CFO depart amid administration

Matches CEO Nick Beighton and CFO Dave Murray have departed the retailer after its collapse into administration last week, Drapers…

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Today’s news in brief-12/3/24

Superdry is in talks with Hilco Capital for a loan of up to £20m. This loan would support the company’s…

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Hype co-founders resign

Leicester-based streetwear brand Hype has announced the departure of co-founders Liam Green and Bav Samani less than a year after…

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Today’s news in brief-8/3/24

Superdry has partnered with restructuring firm Teneo to explore cost-saving measures amid financial struggles. With a reported revenue decline of…

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Frasers Group puts Matches into administration

Frasers Group has announced that it has put Matches into administration just two months after acquiring the business. Frasers stated…

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Today’s news in brief-4/1/24

M&S emerged victorious against Michael Gove’s decision to block its redevelopment plans for its Marble Arch flagship branch. The High…

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Frasers rescues Wiggle from administration

Frasers Group has acquired online bicycle retailer Wiggle out of administration, The Sunday Times has reported.  Frasers reportedly agreed a…

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The Body Shop to close 75 stores and cut over 400 jobs

The Body Shop will close 75 more stores across the UK in the coming weeks, with 489 jobs set to…

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Morrisons hires advisors as it eyes sale of bakery business

Morrisons has reportedly drafted in advisers to explore the potential sale of its bakery business, as part of plans to…

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Today’s news in brief-26/2/24

Frasers Group has announced the appointment of four new directors to its board, signalling a significant restructuring move. Among the…

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