HSBC

Why is Hilco Capital looking to acquire Lakeland?

British retail is no stranger to seeing a heritage brand acquired by a private equity firm. The latest name on…

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Hilco closes in on Lakeland deal

Family-owned homeware retailer Lakeland is close to being acquired by high-street investment firm Hilco Capital, according to reports from Sky…

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THG completes debt refinancing to 2029

Manchester-based online retailer THG has announced it has completed its debt refinancing arrangement up until December 2029. The news comes…

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Today’s news in brief-20/2/25

Fashion retailer Quiz has appointed administrators to its subsidiary Zandra Retail, resulting in the closure of 23 loss-making stores and…

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Very Group HY profits rebound despite sales drop

The Very Group has returned to profitability posting a pre-tax profit of £6.1m for the 26 weeks ended 28 December…

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Today’s news in brief-5/2/25

A Welsh fashion designer has taken Boohoo, and its affiliated brands PrettyLittleThing, Nasty Gal Limited, Misspap, and Debenhams, accusing it…

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Very Group ends HSBC relationship after 10 years

The Very Group has cut ties with HSBC, the bank which ran its customer loan portfolio worth around £1.8bn, according…

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Lakeland owner brings chain to market ahead of tax rises

The family behind kitchenware retailer, Lakeland, has reportedly recruited advisers to explore a sale after more than 60 years as…

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Quiz eyes store closures as costs mount

Quiz is reportedly considering closing up to a third of its 60-location portfolio as a way to cut costs and…

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Quiz lender hires advisors ahead of delisting vote

Quiz’s principal lender has reportedly drafted in advisors to help the company explore restructuring options amid a “growing crisis” at…

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