U.K. retail
Here’s Why Bankrupt Arcadia’s Unsecured Creditors Won’t Get Much on Their Claims
Though owed millions, this group might be up a creek without a paddle.
More Retail Jobs Lost as Frasers Group Shuts Jenners Department Store
Frasers Group's decision to shut department store Jenners will result in the loss of 200 retail jobs in…
How John Lewis Managed to Repay Covid-19 Loan Early
The British retailer also raised its full-year outlook.
Topshop Draws Interest from Chinese Fashion Giant
Bankrupt Arcadia has drawn interest from prospects around the globe.
Government Warns of Chaos Clogging British Ports
New cross-border trade rules in the aftermath of Brexit spurred the British government to sound the alarm…
Sweatshop Scandal Can’t Stop Boohoo’s Holiday Sales
Boohoo appears to have shrugged off public concerns about sweatshop-like working conditions in its U.K supply…
Burberry Says Digital Key to Near-Term Growth
The company said Q3 revenues fell 4.3% as comparable sales were down 9%, due to Covid-19 disruptions and…
Topshop Parent to Close 31 Stores and Shed 700 Jobs
Arcadia's administrators plan to close 31 stores, which are temporarily shut due to the national lockdown…
Clarks Might Have a New Owner: Next Stop, China?
After Clarks filed a voluntary company arrangement, it's set to see new ownership that could broaden its…
Next-Led Consortium in the Running for Bankrupt Topshop Owner
Bankrupt Topshop parent Arcadia Group is believed to have garnered several offers before the deadline for…
Jaeger Cutting Jobs, Closing Stores After M&S Acquisition
The dismal news adds to many months of economic distress plaguing Britain's high streets.
Lockdown, Lack of E-Commerce Send Primark Losses Spiraling
The cheap and chic chain has continued to open stores despite the current economic turmoil.
Debenhams Shutters Oxford Street Flagship Alongside 5 Other Stores
The closures will impact 320 employees, but more stores will shutter if Debenhams fails to find a buyer…
Edinburgh Woollen Mill and Bonmarche Skirt Shutdown
Edinburgh Woollen Mill, Ponden Home and Bonmarche have been plucked out of bankruptcy.
M&S to Sell Jaeger Fashion Online After IP Deal
Marks & Spencer picked up the intellectual property assets of the bankrupt Jaeger fashion brand, likely…