Administration

Hundreds of Bonmarché jobs at risk amid reports some stores may never reopen

Hundreds of jobs at Bonmarché are reportedly at risk as administrators struggle to decide how many stores should open as…

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Alibaba accepts $2.8bn fine for breaching Chinese competition laws

E-commerce giant Alibaba revealed it has accepted a record $2.8bn (£2bn) fine from the Chinese regulator the State Administration for…

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Monsoon opens new boutique store in London

Monsoon has opened a new boutique store today (12 April) On London’s Marylebone High Street.​  The store is part of…

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Why retail store closures don’t have to be bad for business

It is no secret that the retail sector is facing somewhat of a crisis, with a number of leading retail…

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Asos profits rocket 253% amid lockdown

Asos has announced that its pre-tax profits rocketed 253% to £106.4m in the half-year ended 28 February 2021, as customers…

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Frasers Group calls for Peacocks sale inquiry

Frasers Group has reportedly called for an investigation to be launched into the sale of fashion chain Peacocks to an…

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Peacocks rescued from administration, 2,000 jobs saved

Peacocks has reportedly been rescued out of administration in a move that will save 2,000 jobs and 200 of its…

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Jessops files for administration

Camera retailer Jessops has filed a notice to appoint administrators following continued impacts of the ongoing lockdown restrictions. The firm’s…

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Sunak delays debate for online sales tax until autumn

Chancellor Rishi Sunak will reportedly wait until autumn before deciding whether or not to impose a UK online sales tax…

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Ralph and Russo enters administration

Ralph and Russo has announced that it has been placed into administration putting its 400 worldwide employees at risk. Last…

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