Administration

WH Smith sales rocket as travel rebounds

WH Smith has seen sales soar ahead of pre-pandemic levels in recent weeks as travel continues to rebound.  Group revenues…

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Frasers Group buys Missguided out of administration for £20m

Frasers Group plc has bought online women’s fashion retailer, Missguided, out of administration for a cash consideration of £20m.  The…

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Missguided collapses into administration, 140 jobs at risk

Online fashion retailer, Missguided, has fallen into administration after failing to secure a rescue bid for the company. According to…

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Morrisons close to winning control of McColl’s amid last-ditch bid

Morrisons is thought to have won control of embattled retailer McColl’s after surpassing EG Group in a last ditch effort,…

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McColl’s collapses into administration, 16,000 jobs at risk

McColl’s has collapsed into administration in a move that places 16,000 jobs at risk, after lenders failed to extend its…

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McColl’s collapse ‘increasingly likely’, 16,000 jobs at risk

McColl’s has warned that it is “increasingly likely” that the group will collapse into administration, in a move that could…

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TM Lewin lender to rescue brand from administration

An investment vehicle owned by Petra Group has reportedly reached a deal to acquire TM Lewin after it collapsed into…

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The Sofa Workshop ceases trading

The Sofa Workshop has collapsed into administration and has appointed Toby Banfield, David Baxendale and Zelf Hussain of PwC as…

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UK GDP rebounds 1.3% in Q4 FY21

The UK’ gross domestic product (GDP) is estimated to have increased by 1.3% in the fourth quarter (Q4) of 2021…

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Prada makes three new appointments to management team

The Prada Group has announced three “strategic” appointments to its “top” management team. It revealed Andrea Bonini has been appointed…

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