Arcadia Group Announces Store Closures and Restructuring Plan
In a bid for long-term sustainability amidst the highly competitive retail environment, Sir Philip Green's Arcadia Group plans to...
restructuring
Debenhams CEO Departs Amidst Company Administration and Restructuring
Debenhams CEO Sergio Bucher steps down as the department store enters administration, with non-executive chairman Terry Duddy taking over...
Mike Ashley Gains Support from Shareholders for Debenhams CEO Role
Sports Direct, owned by Mike Ashley, claims several shareholders support his appointment as CEO of Debenhams. With a nearly...
Mike Ashley’s Sports Direct Considers £61.4m Bid for Debenhams with CEO Role Offer
Sports Direct, owned by Mike Ashley, is considering a £61.4 million bid to take control of struggling department store...
Mothercare Sells Early Learning Centre Brand to The Entertainer for £13.5m in Restructuring Efforts
In a major restructuring move, Mothercare has sold its Early Learning Centre (ELC) brand to toy retailer The Entertainer...
Gap Announces Store Closures and Restructuring Plan
In a bid to revitalize its brand health, fashion retailer Gap plans to close 230 stores over the next...
Carpetright Reports Negative Sales and CFO Departure Amidst Restructuring
Carpetright reports negative UK sales amidst volatile trading patterns, but its European business thrives. The company's CFO, Neil Page,...
Laura Ashley Closes 40 UK Stores, Expands into China
Laura Ashley, a homeware and clothing retailer, plans to close 40 UK stores as it focuses on expanding its...
Esprit Restructures: 40% Job Cuts and 30% Product Line Reduction
In an effort to compete against fast-fashion and online retailers, Esprit plans to cut 40% of its non-store jobs...
Carpetright’s Restructuring Affects HY Trading, Six More Stores to Close
Carpetright, a UK flooring retailer, has announced that its recent restructuring efforts, including closing 67 stores, have negatively impacted...