Administration

Frasers Group buys DW Sports out of administration

Frasers Group has snapped up the assets of Dave Whelan Sports (DW Sports) from its administrators for a sum of…

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Security: The new experience shoppers are seeking in the ‘new normal’?

Retailers have been battling COVID-19 for months. Many traditional brick-and-mortar stores closed. Workforces were scattered — either furloughed or required…

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Debenhams draws up contingency plans for potential liquidation

Debenhams has reportedly drawn up contingency plans in the event of a potential liquidation, as it continues to weather the…

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Mike Ashley’s Frasers Group makes £30m bid for DW Sports

Mike Ashley’s Frasers Group has reportedly made a takeover bid for former rival Dave Whelan’s DW Sports. According to the…

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River Island set to axe 350 jobs

River Island is reportedly set to axe almost 350 store management and sales roles as it continues to weather the…

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Baird Group launches CVA proposal

Baird Group has launched a Company Voluntary Arrangement (CVA) proposal in order to safeguard the “long-term future” of the group.…

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Hammerson seeks £825m to ride pandemic

Shopping centre owner Hammerson has announced it plans to raise £825m through fundraising and disposals as it looks to survive…

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River Island considering CVA as Covid-19 hits sales

Fashion retailer River Island is reportedly considering a CVA proposal as it attempts to weather the coronavirus pandemic. According to…

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DW Sports falls into administration, 1,700 jobs at risk

DW Sports has collapsed into administration, placing around 1,700 jobs at risk. BDO announced that its restructuring partners, Graham Newton…

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Hammerson taps investors for cash

Hammerson has confirmed that it is holding advanced discussions regarding a possible disposal of a stake in a European arm…

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