Administration

Laura Ashley to debut Next collection

Laura Ashley has announced it will launch its spring 2021 collection with Next online and in 48 stores. The group…

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Rezolve closes on £540m fundraising

Rezolve, a mobile shopping platform startup, is reportedly closing in on a funding round that would value the group at…

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Integrating Arcadia’s brands into ASOS and Boohoo: Three key steps

Retail is rife with change thanks to the impact of Covid19 on the sector. Unfortunately, in recent months we’ve seen…

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Asda’s new business plan puts 5,000 jobs at risk

Asda has announced it will transform parts of its business to focus more on online, putting 5,000 jobs at risk.…

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The restructuring options for retailers before it’s too late for rescue

Despite a glimmer of hope that Government may extend more Covid-19 support measures, retailers shouldn’t leave their future to chance…

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Topshop collapse hits creditors with £176m loss

Topshop and Topman creditors are reportedly facing losses of £176m since the demise of Sir Phillip Green’s Arcadia, according to…

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Arcadia asset sale gives pension holders new hope

Workers who were saving pensions at Sir Phillip Green’s Arcadia Group have reportedly been told that their savings can be…

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Arcadia employees press for legal action

Law firm Simpson Millar has been contacted by over 30 former Arcadia employees looking to press legal action against the…

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M&S bolsters clothing business with senior hires

Marks and Spencer has announced it is strengthening its Clothing and Home leadership team through two new hires, who are…

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Boohoo snaps up remaining Arcadia brands

Boohoo has confirmed that it has acquired the remaining brands from fallen retail empire Arcadia, in a move that will…

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