Former Farfetch Executives Face High Court Dispute Over Alleged Mismanagement
In a High Court dispute, former Farfetch executives are being investigated for claims of "serious mismanagement" leading to the...
Alvarez & Marsal
Joann CFO Departure Amid Leadership Revamp
Joann's Chief Financial Officer, Scott Sekella, has left the company after overseeing its recent restructuring and bankruptcy process. Jeff...
UK Consumers Shift to Online Shopping Post-Covid-19
In a new report by Alvarez & Marsal and Retail Economics, it's revealed that 17.2 million British consumers plan...
New CEO Appointed at Debenhams, Chairman Steps Down
In a recent announcement, Debenhams has appointed Stefaan Vansteenkiste as their new CEO, who joined the company in 2019...
Office Retailer Considers CVA Amidst Debt Repayment Struggles
Lead: Struggling footwear retailer Office has appointed advisers to explore potential restructuring options, including a possible Company Voluntary Agreement...
Homebase Closes 42 Stores, Cuts 1,500 Jobs
DIY retailer Homebase announces closure of 42 stores, leading to around 1,500 job losses. The company, recently bought by...
Homebase Closes 80 Stores, Affecting 1,000 Jobs and Reversing Bunning’s Plan
In a shocking announcement, DIY chain Homebase plans to close 80 stores next week, affecting 1,000 jobs. This comes...
Former Comet Owner Bids for Struggling Homebase Amidst Financial Losses
Opcapita, the former owner of Comet, has made an undisclosed bid for Homebase, which is being sold by its...
Wesfarmers Offers £100m Dowry to Attract Homebase Bidders
In a bid to exit the UK market, Homebase's Australian owners Wesfarmers are offering a substantial financial package to...