Fenwick’s Losses Widen Amid Declining Sales
In a recent announcement, department store chain Fenwick reported a significant increase in losses, reaching £112 million during the...
retail environment
Bonmarche Sold to Purepay Retail Limited Amid Challenging Retail Environment
In a recent development, Bonmarche, a women's fashion retailer, has been sold to Purepay Retail Limited, backed by an...
Clarks Secures £100m Rescue Deal with LionRock Capital, No Store Closures or Job Cuts
Clarks' shareholders approve a £100m financial rescue deal from Hong Kong-based private equity firm LionRock Capital, saving all 320...
N Brown Completes £100m Equity Raise and Moves to AIM
N Brown, owner of Jacamo and JD Williams, has completed a £100 million equity raise and moved from the...
Jigsaw Secures Future with Creditor-Approved CVA
Jigsaw, a popular fashion chain, has secured approval for its Company Voluntary Agreement (CVA) plan, leading to the closure...
Poundstretcher Launches CVA Amidst Losses and Job Risks
Poundstretcher, a discount retailer, is on the brink of closing most of its stores due to a proposed Company...
Jack Wills Closes 17 More Stores, Total Reaches 33 Since Frasers Group Acquisition
British fashion brand Jack Wills, saved from administration by Frasers Group last year, is shutting down 17 more stores,...
Debenhams Closes 19 UK Stores, Cuts 660 Jobs Amid Transformation Efforts
Debenhams, the struggling department store, is set to close 19 stores across the UK, resulting in 660 job losses....
The White Company Reports 26% Profit Increase in FY Results
TV Anchor: In a recent announcement, The White Company has revealed a 26% increase in profits, reaching £14.4 million...
Schuh Faces Challenging Retail Environment: £7m Profit Drop and Store Closures
Schuh, a footwear retailer, has experienced a £7 million drop in pre-tax profits to £6.1 million due to difficult...