Matalan

Matalan secures 6 month extension to £350m debt repayment

Matalan has announced that it has secured a deadline extension for its £350m debt repayment. The company revealed the original…

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Elliott in talks with Matalan founder over takeover bid

Elliott Advisors has reportedly entered talks with John Hargreaves, the founder of Matalan, regarding his bid to buy back the…

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Matalan announces new CEO as sales process begins

Matalan has announced the appointment of Nigel Oddy as interim CEO of Matalan Retail Ltd as the company begins a…

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Matalan eyes sale as inflation dents business

Matalan is reportedly eyeing a potential sale of the discount chain ahead of a looming refinancing deadline, as the business…

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Hargreaves enters new fight with lenders to secure Matalan’s future

John Hargreaves, the founder of Matalan, is preparing for a new fight with its lenders over its ownership ahead of…

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Matalan founder returns as chairman

Matalan has announced that its founder, John Hargreaves, will return to the company as chairman, effective immediately. In this role,…

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Matalan revenues up 29% in Q1

Matalan has revealed that its total revenue for the 13 weeks to FY23 currently sits at £286.5m, which shows a…

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Matalan FY revenues surpass £1b

Matalan has revealed its revenues for the 52-week period ending 26 February 2022 reached just over £1bn, up 38% from…

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Matalan lenders eye up advisers amid talks over retailer’s future

Matalan lenders are reportedly eyeing up appointing advisors ahead of talks about the retailer’s future financing in the face of…

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Matalan founder Hargeaves loses 20-year court battle over tax bill

Matalan founder John Hargreaves has lost a long-running court battle with HMRC as he attempts to avoid a tax bill…

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