Administration
This coverage explores retail administrations and insolvencies within the UK market, examining the circumstances, decisions, and consequences for businesses, employees, and creditors. Reporting highlights notable cases, restructuring efforts, store closures, and leadership actions aimed at recovery or winding down. Designed for executives and managers, it offers insights into risk, resilience, and lessons from commercial failures.
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Aug- 2025 -1 AugustClothing & Shoes
Next acquires Seraphine brand out of administration
Next has acquired the brand and intellectual property of maternity fashion retailer Seraphine, following its collapse into administration at the beginning of July. Seraphine ceased trading on 7 July when Will Wright and Chris Pole of consultancy Interpath were appointed joint administrators. The move resulted in the closure of its…
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Jul- 2025 -29 JulyFeatures
Claire’s on the brink: can the chain avoid another collapse?
For decades, Claire’s has been the go-to destination for sparkly earrings, scrunchies and ear piercings – a rite of passage for generations of teenagers. But the glitter is starting to fade. The jewellery and accessories retailer, which operates nearly 300 shops in the UK and more than 2,300 worldwide, has…
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24 JulyClothing & Shoes
River Island at risk of collapse without creditor support
River Island is reportedly at risk of collapse within weeks unless landlords and creditors approve a major rescue plan, according to the Telegraph. The retailer has proposed a restructuring strategy that includes closing 33 stores, reducing rents on 71 more, and writing off debts to avoid a cash crisis. If…
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15 JulyFeatures
From darling to downfall: what went wrong at Seraphine
Seraphine, once the darling of maternity fashion, has collapsed into administration. Known for its stylish bump-friendly dresses and famously worn by the Princess of Wales during her pregnancies, the brand entered administration this July, shuttering operations and making most of its staff redundant. For a label that grew from a…
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8 JulyClothing & Shoes
Seraphine enters administration after sales slump
Maternity fashion retailer Seraphine has ceased trading and entered administration, with most of its 95 employees made redundant. It comes after the retailer officially appointed Will Wright and Chris Pole from consultancy firm Interpath as joint administrators yesterday (7 July). According to the administrators, they are now exploring options for…
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4 JulyDIY
Bensons for Beds losses widen as market pressures persist
Bensons for Beds has reported widening losses of £22m for the year ended 28 September 2024, up from £19.9m the previous year, as it continues to face external market pressures and internal operational issues. The group’s pre-tax loss included £8.8m in interest payments, £5.6m in depreciation, and £4.4m in International…
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Jun- 2025 -13 JuneHigh Street
10,000 Wilko workers to get £2m pay out
Almost 10,000 former Wilko workers have been awarded a £2m pay out after the high street retailer failed to properly consult with workers prior to going bust in 2023. It comes as the GMB union said it had won a legal case on behalf of thousands of members who lost…
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May- 2025 -29 MayEconomy
US trade court blocks Trump’s tariff changes
The US Court of International Trade has deemed Donald Trump’s tariff changes “illegal”, which could see the president’s controversial global trade policy get blocked. According to the New York-based trade court, an emergency law initiated by the White House did not grant the president the sole power to levy tariffs…
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15 MayHigh Street
MFI to make comeback after nearly two decades
Furniture retailer MFI is set to return to the high street almost 20 years after it fell into administration. Owner Victorian Plumbing is planning to relaunch the retailer in the first half of 2026 and pledged to invest £3m into people and property ahead of its return to the market.…
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1 MayNews-In-Brief
Today’s news in brief-1/2/25
The Co-op has shut down parts of its IT systems after hackers attempted unauthorised access, causing minor disruptions to call centres and back-office operations. Stores, funeral homes, and quick commerce services remain unaffected. The company assured customers no action is required but is monitoring the situation. This follows a recent…
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