administration
LK Bennett, Russell & Bromley Doors Close Amid Bankruptcy Proceedings
LK Bennett's unsecured creditors chalk up 34 million pounds in losses.
US Corporate Bankruptcies See April Uptick
The consumer discretionary sector has the most year-to-date bankruptcy filings, with specialty retailer…
Ted Baker to Shutter Stores and Slash Staff Amid UK Administration
Administrators Teneo made the decision to shut loss-making stores and lay off staff after Ted Baker's U.K…
UK Roundup: Numbers From Next, John Lewis
Next and John Lewis eye retail's future as UK inflation cools, but March saw Ted Baker, Matches & others fall…
Matches Is for Sale for Second Time in Three Months
Teneo's joint administrators are looking for a buyer for the defunct Matches, and have immediately laid off…
Dutch Label Sandwich Joins Bankruptcy Brigade
The company was founded in 1981 as a women's fashion brand.
Atterley Collapses as Wilko Hires New CEO
Atterley's fall into administration and Wilko's financial struggles highlight the perils currently facing…
Financial Misfortunes Infecting International Retail
Celio acquired Camaïeu's trademarks, while M&Co could be put up for sale. And online luxury furniture…
Tom Joule and Next to Acquire Bankrupt Joules
The duo linked up in a $27.7M deal for the bankrupt retailer that will save 1,450 jobs.
Joules Administration Threatens 1,600 Jobs
Joules appointed administrators after rescue talks fail, while Frasers is in advanced discussions to acquire…
Bankrupt British Fashion Label to Liquidate
British luxury fashion label Amanda Wakeley couldn't find an investor and the company will now begin…
Bankrupt British Shirtmaker Sold Again
The company first collapsed into bankruptcy four months after the pandemic started.
Office Trend Signals Emerge in Men’s Wear Brand’s Second Bankruptcy in 2 Years
A British men's wear brand's second bankruptcy in two years doesn't bode well for sellers of office-ready…
British Footwear Brand Goes Bankrupt
Demand for dress shoes dwindled during the pandemic.
Here’s How Many UK Fashion, Furniture and Department Stores Closed Through June
Store closures are slowing in the U.K., but that's not the full story.