Administration

THG in talks to buy City A.M.

Online beauty retailer THG is reportedly in advanced talks with London business newspaper, City A.M. to acquire it through a…

Read More »

Hotter Shoes seeks funding to avoid administration

Clothing company Unbound Group, the owner of Hotter Shoes, is reportedly looking to secure £2m in emergency funding in an…

Read More »

Morrisons to stock Savers products in 500 convenience stores

Morrisons has begun to stock a range of its entry-level Savers products in over 500 convenience stores across the UK. …

Read More »

Retail insolvencies rise by 56% to record high

The number of retail business insolvencies jumped 56% in the past year to hit 1,942, up from 1,243 in 2021/22,…

Read More »

Hotel Chocolat is in a bad way – but so are other chocolatiers

Over the course of Easter 2023, the UK was responsible for one in eight Easter-related chocolate launches, according to research…

Read More »

M&Co relaunches website under new ownership

M&Co has launched a new website following its acquisition by AK Retail Holdings earlier this year.  The new website features…

Read More »

Debenhams’ unsecured creditors to lose out on £1.3bn

Debenhams’ unsecured creditors, including clothing suppliers, landlords and lenders, are set to lose out on the £1.3bn they were owed…

Read More »

CEO of Frasers Fashion departs group

The CEO of Frasers Fashion, Greg Pateras, has departed the business this week.  Before assuming his role at Frasers, Pateras…

Read More »

M&Co to reopen 50 stores over two years

AK Retail Holdings is reportedly set to reopen roughly 50 M&Co stores over the next two years, with a number…

Read More »

Will businesses survive after entering into administration?

Can you tell me about yourself? I am a chartered accountant and I lead the expanding retail and consumer goods…

Read More »