Administration

Next mulls Body Shop rescue bid

Next has reportedly approached administrators with plans to acquire some of The Body Shop’s assets, according to Sky News.  The…

Read More »

Gymshark FY23 PBT halves despite healthy sales

Gymshark has revealed that sales rose 15% to £556m in 2023, despite posting a pre-tax profits fall from £27.8m to…

Read More »

Today’s news in brief-19/2/24

Nike has announced plans to cut 1,600 jobs, approximately 2% of its workforce, in response to disappointing sales figures in…

Read More »

Why are many big brands going into administration?

2023 has been a tough year for the United Kingdom’s economy — and economic challenges have widely been echoed particularly…

Read More »

Aurelius MD behind Body Shop buyout exits group

A dealmaker from Aurelius who helped lead its private equity takeover of The Body Shop has abruptly left the group…

Read More »

The Body Shop collapses into administration, 2,000 jobs at risk

The Body Shop UK has collapsed into administration, in a move that could see up to 2,000 jobs at risk.…

Read More »

Five lessons from the demise of The Body Shop

In the face of recent news that The Body Shop’s UK operations are preparing to enter administration, a reflection on…

Read More »

Avalara Tax Changes 2024: Be aware of the upcoming compliance issues

Businesses should be alert to important changes to the tax compliance landscape in the year ahead. Avalara Tax Changes 2024…

Read More »

Today’s news in brief- 30/1/24

Online marketplace Secret Sales has appointed Anthony Farrow as its new Chief Technology Officer. Farrow, with 23 years of experience…

Read More »

Studio Retail swings to full-year profit following Frasers takeover

Studio Retail has welcomed a pre-tax profit of £12m in the year ended 30 April, 2023, up from a £75.7m…

Read More »