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High Street
Philip Green reportedly preparing to break up Arcadia
Arcadia boss Philip Green is preparing to break up the retail group prepare for a potential sale of the brands,…
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High Street
Forever 21 reportedly contemplates filing for bankruptcy
American fast fashion retail chain Forever 21 is reportedly preparing for a potential bankruptcy filing, after restructuring and debt restructure…
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Supermarkets
Tesco workers to consult EU court over equal pay
Thousands of Tesco supermarket workers have submitted an application to the European Court of Justice for clarification on equal pay…
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High Street
US landlords drop legal challenge against Arcadia
The two US landlords involved in the legal challenge against Arcadiaโs company voluntary agreements (CVAs) have dropped their case, following…
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High Street
Carpetright debt absorbed by shareholder
Carpetright shareholder Meditor is set to absorb the retailer’s ยฃ40.7m revolving credit facility, purchasing it from lenders Natwest and Ulster…
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Luxury Goods
FF Group searching for Links of London buyer
Links of London owner Folli-Follie Group (FF Group) has confirmed that it has appointed firms Deloitte and Savigny to the…
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High Street
Reiss group sales soar by 23.7% in H1
Fashion brand Reiss has seen group sales rise by 23.7% for the first half of 2018, alongside announcing an advertising…
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Economy
CEO pay at the UKโs biggest companies falls by 13%
CEOs of FTSE 100 companies have seen their salary drop by 13% year-on-year to an average of ยฃ3.4m in 2018.…
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