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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Mar- 2025 -18 MarchNews-In-Brief
Today’s news in brief-18/3/25
Forever 21 has filed for bankruptcy protection in the US for the second time, following a previous filing in 2019. The retailer, once a dominant force in fast fashion, has struggled to compete with foreign competitors and rising costs. While its US stores and website will continue trading during the…
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18 MarchClothing & Shoes
Select Fashion nears collapse, 35 stores to close
Select Fashion is reportedly on the verge of collapse, with 35 stores set to close if it falls into liquidation. According to documents seen by The Sun, the clothing brand has drafted in advisers from Moorfields to oversee the liquidation of the business. Directors at the brand reportedly said Select…
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17 MarchFeatures
Can Boohoo’s rebrand solve its fast fashion woes?
In the run-up to Boohoo announcing its name change to Debenhams Group, the fashion business had battled an onslaught of media scrutiny – and we’re only halfway through the 2020s. Let’s recap this chain of events: in 2020, a Sunday Times investigation found that Boohoo suppliers in Leicester were getting…
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11 MarchClothing & Shoes
Boohoo rebrands to Debenhams Group
Boohoo has announced that it is rebranding as Debenhams Group, having rescued the high street department store out of administration in 2021 and initially relaunched it as an online-only business. News of the rebrand comes as Boohoo incurred a one-off non-cash cost of roughly £40m on surplus stock in its…
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6 MarchNews-In-Brief
Today’s news in brief-6/3/25
Pepco Group is considering the sale of Poundland as part of a strategic shift to focus on its Pepco brand, which drives the majority of its earnings. Despite a 1.5% increase in group like-for-like sales in early 2025, Poundland has struggled with declining performance, exacerbated by a challenging UK retail…
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6 MarchClothing & Shoes
Topshop teases Oxford Street return in new video
Fashion retailer Topshop has teased a possible return to Oxford Street in a new video posted online. On Instagram, the retailer published a video featuring London mayor Sadiq Khan urging Topshop to make a comeback to the shopping hub. In the clip, Khan reflects on his own experiences with the…
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4 MarchNews-In-Brief
Today’s news in brief-4/3/25
The Competition and Markets Authority (CMA) is close to approving Topps Tiles’ £9m acquisition of CTD Tiles after both companies offered to divest stores in Aberdeen, Inverness, Edinburgh, and Dorking to address competition concerns. The CMA had initially warned that the merger could reduce market competition, prompting an in-depth investigation.…
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4 MarchDIY
CMA nears approval for Topps Tiles’ acquisition of CTD Tiles
The Competition and Markets Authority (CMA) has confirmed it is nearing a green light for Topps Tiles’ £9m acquisition of CTD Tiles. Following an investigation amid competition concerns, the CMA said both groups had offered to divest tile stores in Aberdeen, Inverness, Edinburgh and Dorking. In light of this it…
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Feb- 2025 -24 FebruaryNews-In-Brief
Today’s news in brief-24/2/25
Shein, the global online fashion retailer, saw its profits plummet by 40% to $1bn in 2024. The company faced a challenging final quarter and intensified competition from rival Temu. Shein’s declining profitability complicates its efforts to secure regulatory approval for a London listing, with some investors urging a valuation reduction…
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24 FebruarySupermarkets
Asda avoids penalty amid missed deadline for IT upgrade
Asda has reportedly avoided a financial penalty after its former owner Walmart agreed to move back a deadline for the supermarket to hit its £800m IT upgrade.According to The Telegraph, the supermarket missed the initial deadline for a tech overhaul that aims to separate its computer systems from those of…
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