Administration

Bon Accord owners placed in administration

The Guernsey-based owners and operators of the Bon Accord shopping centre in Aberdeen, Aberdeen Retail 1 Limited and Aberdeen Retail…

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Retail entrepreneur swoops to acquire Paperchase

Steve Curtis, an operating partner at Rcapital, the turnaround investor, has reportedly agreed to buy Paperchase as a private investor…

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Department stores could be given protected status

Department stores across the UK could be given protected status following a new review of high streets from Historic England. …

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Arcadia trustees near closing £1bn pensions deal

Arcadia’s pension trustees are reportedly close to securing a £1bn deal that will see them receive the retirement schemes promised…

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Frasers Group acquires online retailer I saw It First

Frasers Group has announced the acquisition of the online fashion retailer I Saw It First for an undisclosed sum.   Frasers…

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Hammerson returns to profit

Hammerson has revealed a pre-tax profit of £50m for the six months ending June 28, contrasted with a £376m loss…

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Retail accounts for 10% of UK administrations in 2022, study finds

The retail sector accounted for 10% of administrations in the first six months of the year – the third highest…

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Hilco in line to acquire Cath Kidston

Hilco is understood to be nearing a takeover of Cath Kidston, according to Sky News, after the brand was put…

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Cath Kidston up for sale two years after collapse

Cath Kidston, the fashion and homeware brand, has been put up for sale two years after collapsing into administration, with…

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Missguided founder to return as CEO under Frasers Group

Missguided founder Nitin Passi has returned to the business as CEO just two weeks after the company was acquired out…

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