Intu Contemplates Administration as Discussions with Lenders Falter
Intu has put KPMG on standby as administrators amid ongoing discussions with lenders. The shopping center owner is trying...
lenders
Debenhams Denies Lender Threat Over Rent Cuts, Faces Potential Store Closures
Debenhams denies reports that it's demanding rent cuts from landlords for debt restructuring approval. The department store chain is...
Lenders Pressure Fridman for Cash Injection into Struggling Holland & Barrett
Billionaire Mikhail Fridman faces pressure from lenders to invest in struggling health and wellbeing retailer Holland & Barrett, as...
Sir Philip Green Seeks £300m Loan Amid Arcadia Losses and Store Closures
In a bid to pay off a loan on its Oxford Street Topshop store, Sir Philip Green is reportedly...
Philip Day Bids for Jack Wills Amid Challenging Year
Edinburgh Woollen Mill owner Philip Day makes an initial bid for fashion retailer Jack Wills; BlueGem considers offers from...
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...
Debenhams CEO Expected to Depart Amid Lender Takeover
Debenhams CEO Sergio Bucher is set to resign as lenders take control of the struggling department store chain, with...
Debenhams Seeks £150m Lifeline Amidst Dropping Sales and Director Conflict
Embattled department store Debenhams confirms it's in advanced talks for a £150 million funding from its lenders, just a...
Mothercare Considers Store Closures and CVA Amidst Turnaround Efforts
Mothercare is considering closing a third of its stores and reducing rents through a Company Voluntary Arrangement (CVA), potentially...