Administration

Homebase close to buying out Bathstore

DIY retailer Homebase is reportedly closing in on acquiring bathroom retailer Bathstore, according to The Telegraph. The company entered administration…

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Arcadia receives challenges on CVAs from US property group

Philip Green’s Arcadia has received a challenge from two legal entities of US property group Vornado, in relation to the…

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The impact of Brexit on the UK retail market

It’s no secret that the UK retail sector is facing a serious crisis, with the demise of several vendors including…

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M and G withdraws court action against Debenhams

Real estate company M and G Real Estate has withdrawn its court challenge against retailer Debenhams, helping the retailer restructure…

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Select owed creditors £53m after entering administration

Fashion retailer Select “owed creditors £53.1m” to landlords and the Her Majesty’s Revenue and Customs (HMRC) following the company’s administration…

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Bathstore goes into administration putting 500 jobs at risk

Bathroom retailer Bathstore has appointed audit and business advisory firm BDO as administrators as the company attempts to be sold…

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EWM income rises after acquisitions

Retailer Edinburgh Woollen Mill (EWM) has announced a significant increase in revenue to £936m for the 18-month period to August…

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Pensions Regulator boss to face questions over Arcadia deal

The Pension Regulator (TPR) boss, Charles Counsell is set to appear in front of the Work and Pensions Committee, regarding…

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Mulberry swings to £5m loss in 2018

Handbag retailer Mulberry has reported losses before tax of £5m for the year ending 30 March 2019. Revenue decreased by…

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US landlords file legal challenge against Arcadia CVA

A group of US landlords have filed a legal challenge against Philip Green’s Arcadia in light of the company voluntary…

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