Administrations

Retail administrations rise for second consecutive year

The number of retailers entering into administration in 2018 was 125 – compared to 118 in 2017, an increase of…

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Blue Inc ‘close to administration’

Blue Inc is reportedly looking for a buyer to help the men’s fashion chain avoid falling into administration. The chain…

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600 jobs at risk as Crawshaws enters administration

Meat retailer Crawshaws has announced it has entered administration, putting 600 jobs at risk across its 42 stores. A Crawshaws…

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Karen Millen buys Coast’s UK operations out of administration

Karen Millen has agreed to buy certain parts of the Coast’s UK business out of administration. Under Karen Millen, Coast…

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What is an administration pre-pack, and how might it affect retail suppliers?

2018 has been a difficult year for retailers: East, Maplin, New Look, Carpetright, Carphone Warehouse, Poundworld, Mothercare, Toys ‘R’ Us,…

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Orla Kiely ceases trading as parent company enters administration

Eponymous handbag and homeware retailer Orla Kiely has ceased trading as of Monday 17 September 2018. Its parent company Kiely…

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Homebase ‘very likely’ to enter administration if CVA isn’t passed

The future of Homebase is to be decided today as creditors vote on a CVA which would see the closure…

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House of Fraser site offline as administration threatens 17,500 jobs

House of Fraser has appointed administrators after talks with investors and creditors were “not concluded in a solvent solution”. The…

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Mothercare adds 10 store closures to CVA after Childrens World administration

Mothercare has earmarked another 10 stores for closure as part of its CVA bringing the total to 60 stores, after…

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Poundworld founder urges ‘moral argument’ after administrators reject rescue bid

A rescue bid offer made by Poundworld founder Chris Edwards has been been rejected by appointed administrators Deloitte, who say…

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