Company Voluntary Agreement
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Jul- 2024 -12 JulyNews
Today’s news in brief-12/7/24
Carpetright, facing intensified competition and reduced demand, has enlisted PwC to explore a potential sale. This move, likely to proceed…
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12 JulyDIY
Carpetright drafts in advisers to explore sale
Carpetright has reportedly been put up for sale amid increased competition and a slowdown in demand, according to The Times.…
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Apr- 2024 -15 AprilHealth & Beauty
The Body Shop to cut tax bill if it exits administration
Administrators for The Body Shop have been working on a deal to cut the firm’s tax bill should it emerge…
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Feb- 2024 -5 FebruaryNews
Today’s news in brief-5/2/24
Authentic Brands, the owner of Ted Baker, is reportedly exploring cost-saving options after terminating its relationship with AARC, the company…
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5 FebruaryClothing & Shoes
Ted Baker owner mulls CVA amid UK operator split
Authentic Brands, the owner of Ted Baker, is reportedly considering a number of cost saving options after terminating its relationship…
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2 FebruaryNews
Today’s news in brief-2/2/24
The overall percentage of UK-listed companies issuing profit warnings reached 18.2%, surpassing the levels observed during the 2008 financial crisis.…
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2 FebruaryClothing & Shoes
Norwegian hedge fund builds stake in Superdry
First Seagull, a Norwegian alternative investment fund, has built a 5.3% stake in Superdry as a result of its plummeting…
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Sep- 2021 -8 SeptemberSupermarkets
Poundstretcher returns to profit in FY21
Discount retailer Poundstretcher has reported a swing to £30m pre-tax profits in FY21, up from losses of £49.5m the previous…
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Feb- 2021 -23 FebruaryClothing & Shoes
Clarks CEO steps down amid C-suite shake-up
Giorgio Presca has reportedly stepped down from his role as CEO of Clarks, according to Drapers. Presca, along with the…
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Jan- 2021 -21 JanuaryClothing & Shoes
Apricot switches to turnover rent after CVA
Apricot, the women’s fashion retailer, has changed the lease agreements for the majority of its UK portfolio to turnover-based rents,…
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