Administration

Calvetron Brands to close remaining concessions

The administrators of Calvetron Brands, parent company of Jacques Vert and Precis, has served notice on the remaining concessions in…

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A look-back at the first half of 2018 in retail

Over the past six months, we’ve seen high street stalwarts such as M&S, New Look, and most recently House of…

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Deloitte hits back at Poundworld founder over rescue bid row

Deloitte has hit back at accusations made by Poundworld founder Chris Edwards over the handling of the company’s administration. A…

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FRC launches investigation into KPMG’s last Conviviality audit

The Financial Reporting Council (FRC) has launched an investigation into the most recent audit by KPMG of the financial statements…

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Retail job losses make up almost half of 50,000 lost this year

Almost half of the 50,000 jobs lost in the UK this year have been in the retail sector, new figures…

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One in four companies hit by ‘domino effect’ of another’s insolvency

Some 26% of UK companies have suffered a hit to their finances following the insolvency of a customer, supplier or…

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Costa Coffee sales dip 2% in Q1

Coffee chain Costa has reported a fall in like-for-like sales at the start of the year, blaming a lack of…

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Carpetright woes as CVA activity results in £70.5m loss

Carpetright has reported a £70.5m loss before tax as a result of the cost and accounting impacts of the group’s…

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House of Fraser focuses on ‘brand renewal’ ahead of CVA decision

House of Fraser is to renew its product and trade strategy as part of a transformation journey as its shareholders…

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‘What’s In Store For You’ – Can PPC drive store sales?

Pay-per-click (PPC) advertising has traditionally been seen as a tool to drive online sales. However, with developments in technology –…

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