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U.K. retail

Lockdowns Cost Primark Parent $573 Million

Primark's parent, Associated British Foods (ABF), is reportedly considering a bid for a number of Arcadia…

Thomas Pink Embodies the Pandemic Plight of Office-Ready Men’s Wear

LVMH is reportedly looking to sell Pink Shirtmaker, formerly Thomas Pink, as the coronavirus pandemic dampens…

ABG Casts Acquisitive Gaze Across the Pond

Authentic Brands Group might be looking to pounce on the distress ravaging British high-street retail.

Governments Hunt for Revenue as Covid Surge Continues: The Week Ahead

With economies ravaged by a global pandemic, governments are looking for every possible avenue to bring in…

Debenhams, Dorothy Perkins Distress Could Be Frasers Group’s Gold Mine

Mike Ashley's hunting for more brands, and could pick up one or two at deep discounts, given the distress on…

Selfridges Exec: ‘Radical Times Require Radical Thinking’

Anne Pitcher, managing director at Selfridges Group, addressed the challenges of keeping up with rapidly…

Frasers Group Revives Rescue Talks for Debenhams

Michael Ashley's hoping to rescue Debenhams, but the collapse of key concession holder Arcadia Group could be…

Bankrupt Peacocks Nabs Management Buyout Bid

Fashion value chain Peacocks has a management buyout offer that, if successful, could see the retailer exit…

Bonmarché Collapses Into Administration—Again

Fashion chain Bonmarché, collapsing into administration for the second time in over a year, is hoping to find…

Bankrupt Debenhams Facing Liquidation After Failed Buyer Search

This week may be British retail's worst one yet. A day after Arcadia's stunning collapse, bankrupt Debenhams…

Covid Collapse: Topshop Owner Enters Administration

After rejecting Frasers Group's "lifeline" offer Monday, Arcadia Group collapsed into bankruptcy, appointing…

Menswear Chain Moss Bros Launches CVA to Restructure Balance Sheet

Menswear chain Moss Bros launches CVA to restructure its balance sheet, but creditors have final say and will…

JD Sports Said In Talks for Debenhams

Debenhams is believed to be in talks with JD Sports for a sale of the entire business, a move that would help…

UK Shadow Chancellor Talks Jobs Crisis and High Street Retail

On the eve of U.K. Chancellor Rishi Sunak's update on 2021 spending plans, Shadow Chancellor Annaliese Dodds…

Peacocks, Jaeger in Bankruptcy But Still in Talks With Buyers

Unable to close on deals before a mandated deadline, Peacocks and Jaeger collapsed into administration.