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High Street
Creditors approve New Look CVA
New Look has announced that a CVA proposal launched last month has been approved by the majority of its unsecured…
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High Street
New Look landlords to reject CVA
New Look’s biggest landlords have reportedly rejected the retailer’s CVA plan in a move that will “throw its survival into…
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Coronavirus
Insolvent companies cost taxpayers £250m
Insolvent companies that were unable to pay their debts in the first six months of 2020 have cost British taxpayers…
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High Street
Arcadia Group ‘extremely sorry’ amid notice pay U-turn
Arcadia Group has agreed to pay the full salaries of head office staff facing redundancy, after backtracking on its initial…
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Coronavirus
Businesses hit by local lockdowns to receive grants
Businesses in England that are required to shut due to local lockdowns will now be able to claim up to…
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Online & Digital
Online sales soar at Dunelm
Dunelm pre-tax profit fell by 13.3% to £109m in the full-year ended 27 June 2020, while total sales were down…
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Clothing & Shoes
New Look seeks support from landlords as CVA deadline approaches
New Look is calling on its landlords to support a restructuring plan to reduce rent paid on retail sites, after…
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Clothing & Shoes
Quiz sales plummet, store closures anticipated
Fashion retailer Quiz has revealed its sales have been “significantly impacted” by the pandemic, with total sales falling by 77%…
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Sport & Leisure
Cycling surge boosts sales at Halfords
Halfords has delivered a “strong” trading performance in the first half of its FY21, with like-for-like sales up by 5%…
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Clothing & Shoes
Primark trading ‘stronger than expected’ post-lockdown
Associated British Foods (ABF) has announced that Primark’s trading in the fourth quarter has “exceeded expectations” ahead of its full-year…
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