Quiz Fashion Retailer Struggles with Doubled Losses and Cash Shortage
In a recent announcement, fashion retailer Quiz revealed that its half-year losses have doubled, reaching £4.7 million due to...
additional funding
Superdry’s Restructuring Plan: Seeking Rent Reductions
**Lead:** Superdry unveils a restructuring plan to slash rent in 39 UK stores, aiming to revamp its operations and...
Unbound Group Seeks Additional Funding Amidst Financial Challenges
Hotter Shoes owner Unbound Group is seeking to sell the company as it faces potential financial challenges in September...
M&S Invests Further in Eco-Conscious Fashion Brand Nobody’s Child for Growth and Expansion
Marks and Spencer announces further funding for eco-conscious fashion brand Nobody's Child, which has become one of its top...
Matalan Lenders Seek Advisors Amidst Economic Uncertainty and Tax Dispute
In the face of economic uncertainty, Matalan's lenders are reportedly preparing for talks about the retailer's future financing. Senior...
Ann Summers’ CVA Approved: Plans for Future Growth and No Staff Redundancies
Ann Summers' CVA has been approved by 90% of its creditors, allowing 25 stores to switch to a turnover-based...
French Connection Secures $6.5m in Funding for US Operations Amid Pandemic Challenges
UK fashion retailer French Connection secures $6.5m in funding through the Main Street Lending Programme for its US operations...
WH Smith Sales Plummet 85% Amid Lockdown
WH Smith's group revenue plummeted 85% in April due to the pandemic, with travel revenue down 91% and high...
DFS Seeks Funding Amid Pandemic, Online Sales Surge
DFS, a furniture retailer, is in advanced talks for an additional debt facility of £60m to £70m to cover...
Debenhams Enters Administration Amidst Pandemic Challenges
Embattled department store chain Debenhams enters administration, appointing FRP Advisory's Geoff Rowley and Alastair Massey as administrators amidst the...