Administration

Today’s news in brief-29/1/24

The UK experienced a significant increase in business administrations, with the retail sector being the hardest hit, accounting for 19%…

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Retail accounted for 19% of 2023 UK administrations, study finds

The retail sector accounted for 19% of administrations in 2023 – the highest industry in the UK, according to analysis…

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Poundland to begin refurbishing 11 former Wilko stores

Poundland has announced it will begin a major makeover of 11 former Wilko stores in the next few weeks, after…

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Mango creates brand management division

Mango has announced the creation of a new brand management division in order to strengthen its executive leadership in all…

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What went wrong with Wilko’s and who is next in 2024

As we begin the first quarter of 2024 much of the industry will be reflecting on the sector’s 2023 performance.…

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Today’s news in brief

South Korean e-commerce giant Coupang has reportedly reached an agreement to acquire Farfetch in a $500m rescue deal. The transaction…

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Whirli launches customer refund programme

Toy subscription service, Whirli, has launched a customer refund programme in a bid to “underline its commitment to customer satisfaction”. …

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Farfetch acquired by Coupang in $500m rescue deal

South Korean ecommerce group Coupang has agreed to acquire Farfetch, which had been seeking a rescue deal in recent weeks,…

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Nisa appoints new head of central operations

Nisa has announced that Michelle Scott-Jones has been promoted to become its new head of central operations.  Scott-Jones joined Nisa…

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Today’s news in brief- 1/11/23

Matthew Moulding, the founder of THG, has acquired a 3.2% stake in Kelso Group, a shareholder critical of THG’s business…

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