Administration

Debenhams CEO to step down

Steven Cook is reportedly stepping down from his position as CEO of Debehmans, according to Drapers. Cook joined Debenhams in…

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Arcadia collapsed owing creditors £750m

Philip Green’s retail empire, Arcadia, reportedly fell into administration while owing its creditors £750m. The debts, first reported by the…

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Paperchase rescued in pre-pack Permira deal

The majority of Paperchase stores are reportedly set to be rescued in a pre-pack deal that is poised to save…

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Frasers Group shutters Edinburgh’s Jenners store

Frasers Group has announced it will permanently close Edinburgh’s iconic Jenners store after the company failed to reach an agreement…

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Arcadia to close 31 stores, 700 jobs lost

Arcadia, Sir Phillip Green’s retail empire, is set to close another 31 stores after going into administration in November, which…

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Next in the lead for Arcadia Group

High street retailer Next is allegedly the lead bidder in the race to buy Arcadia Group out of administration, The…

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Administrators finalise sale of Bonmarche

The joint administrators of Bonmarche have announced the completed sale of the company to Purepay Retail Limited, which is backed…

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Buyer found for Edinburgh Woollen Mill

FRP Advisory, the administrator to clothing retailer Edinburgh Woollen Mill, has accepted a rescue offer that could save a number…

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M&S close to Jaeger deal

Marks and Spencers is reportedly close to signing a deal to purchase Jaeger from Philip Day’s Edinburgh Woollen Mill group…

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1,500 jobs at risk as Paperchase calls in administrators

Paperchase, the UK-based stationary store chain, has reportedly called in administrators due to a lack of sales caused by Covid-19. …

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