Year: 2019

Debenhams enters pre-pack administration

Debenhams has entered pre-pack administration and gone into the control of its lenders following the department store’s rejection of Sports…

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Retail, data security and (re)building trust

Data security may have once been the sole mandate of the IT professional but that is no longer the case.…

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Ann Summers calls in advisers after £3.3m loss

Lingerie retailer, Ann Summers, has announced it has appointed a property adviser in order to help with rent reductions, after…

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Philip Green proposes to halve Arcadia pension payments

Sir Philip Green is seeking to halve the annual contributions to the Arcadia Group’s pension scheme as part of its…

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Sports Direct makes Debenhams £150m offer

Sports Direct has made an offer to Debenhams to underwrite £150m equity issuance in Mike Ashley’s latest attempt to take…

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JD Sports acquires Pretty Green from administration

Liam Gallagher’s Pretty Green, the boutique men’s clothing brand, has been acquired by JD Sports out of administration. The sale…

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The global online opportunity for luxury retailers and brands

The global luxury retail industry does not show any sign of slowing down, with the market expected to grow by…

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Co-op revenues jump 14% in 2018

Supermarket retailer Co-op has reported a 14% increase in total revenues to £10.2bn for the year ending 5 January 2019,…

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Asos threatens to shut down accounts to deter serial returners

Online retailer Asos has updated its returns policy with a clause to deactivate the accounts of shoppers it suspects are…

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AO announces £15m of stockpiling ahead of Brexit

Electronics retailer AO has announced plans to stockpile £15m worth of popular products as part of its Brexit contingency plan.…

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