New Look Owner Brait Considers Selling Fashion Chain
Fashion retailer New Look could be put up for sale by its South African owners, Brait, as the high street brand grapples with challenging market conditions and a significant debt burden.
Category : Search result: luxury retail administration
Shoplifting hits 54-year high as 70% of offenders escape justice
British retailers face an unprecedented shoplifting epidemic with offences reaching their highest level since 1969, while police fail to pursue 70% of cases, leaving traders furious and demanding government action.
Claire's Avoids Collapse in Last-Ditch Buyout Deal
The iconic accessories chain Claire's has been saved from administration after a dramatic restructuring deal with new owners. Discover which UK stores will close and what this means for the future of the brand.
High Street Apocalypse: Why Britain's Shops Are Disappearing
Exclusive investigation uncovers the devastating combination of business rates, online giants, and planning failures crippling Britain's town centres. Discover why your local high street is dying.
River Island Supplier Collapses, 70 Jobs at Risk
Major fashion supplier to River Island, SRS Industries, enters administration, threatening 70 jobs at its Welsh facility. The insolvency experts from Leonard Curtis are now at the helm.
Claire's Accessories faces administration
Popular jewellery and accessories retailer Claire's is reportedly on the brink of administration, raising concerns for its UK stores and customers.
Claire's UK stores enter administration
Popular accessories retailer Claire's has appointed administrators for its UK and Ireland operations, putting hundreds of jobs in jeopardy amid financial struggles.
UK high street crisis: Hundreds of stores closing
Britain's high streets face another brutal year as major retailers announce widespread closures, job losses, and restructuring plans amid rising costs and changing shopping habits.
Claire's Files for Bankruptcy Amid Retail Struggles
Iconic accessories chain Claire's has filed for bankruptcy, raising concerns about the future of its UK stores. Here's what customers need to know.
Claire's collapses into bankruptcy for second time in 7 years
Popular accessories retailer Claire's has filed for bankruptcy protection in the US, marking its second financial collapse since 2018. The move comes amid challenging retail conditions and shifting consumer trends.
Claire's bankruptcy threatens 280 UK stores
Popular jewellery and accessories retailer Claire's could close 280 UK stores as its parent company files for bankruptcy protection in the US, raising concerns over jobs and high street impact.
Claire's faces bankruptcy amid rising rent costs
Popular teen accessory retailer Claire's struggles with bankruptcy as rising rent payments threaten its UK stores.
At Home Store Bankruptcy: UK Closures Confirmed
Popular homeware chain At Home announces bankruptcy filing and store closures, sending shockwaves through the UK retail market. What this means for shoppers and employees.
UK retail sales plummet amid cost-of-living crisis
British retail sales suffer sharpest drop in three years as consumers cut back on non-essentials, with food sales also declining for the first time since 2020.
JCPenney's future uncertain as stores sold
The iconic American retailer JCPenney faces an uncertain future as its stores are sold off. Will the brand survive or fade into retail history?
JCPenney announces widespread store closures
Major US retailer JCPenney announces store closures across multiple states. Find out if your local branch is affected.
UK retail sales slump sparks calls for government action
Retail sales in the UK have plummeted, prompting calls for Chancellor Jeremy Hunt to intervene. Rising inflation and weak consumer demand continue to squeeze the sector.
Card Factory plans 76 job cuts amid cost pressures
Card Factory announces potential job cuts affecting up to 76 employees, sparking criticism as the retailer grapples with financial pressures.
UK shop prices fall for first time since 2021
Shop prices in the UK have fallen for the first time in over two years, offering much-needed relief to struggling families as inflation slows. The British Retail Consortium reports a 0.1% decline in June.
California retail revival fails spectacularly
A bold attempt to revive a struggling retail chain in California has ended in failure, leaving investors and employees in shock. Discover what went wrong.
River Island faces collapse as landlords reject rescue plan
High street fashion chain River Island is on the brink of collapse after landlords refused to back a vital restructuring plan, putting thousands of jobs at risk.
UK shoplifting crisis hits record high
Britain's shoplifting epidemic has surged to unprecedented levels, with retailers calling for urgent government intervention to tackle the growing crime wave.
River Island faces financial crisis amid retail turmoil
Iconic UK fashion retailer River Island is reportedly facing severe financial difficulties, sparking fears over its future on Britain's struggling high streets.
Major High Street Chain Closes Another Store
A well-known high street retailer announces another closure, leaving customers concerned about the future of UK retail.
Homeland Supermarkets Closing Multiple Locations
Popular grocery chain Homeland announces closures in Oklahoma and Texas, leaving customers scrambling for alternatives. Find out which locations are affected and what this means for local communities.
Kitchen store chain to shut multiple UK branches
A well-known kitchen and home retailer is set to close several of its stores across the UK, leaving shoppers disappointed. Find out if your local branch is affected.
Walmart shoplifting crisis amid city crime law changes
Retail giant Walmart struggles with surging shoplifting incidents amid controversial city crime laws, raising concerns over safety and profitability.
Bargain store closures spark huge clearance sales
A popular discount retailer announces store closures across the UK, launching massive clearance sales to clear stock. Find out if your local branch is affected.
Frasers Group sales fall as luxury and gaming sectors struggle
Frasers Group, owner of Sports Direct, sees a drop in sales as luxury and gaming sectors struggle. Mike Ashley's retail empire faces challenges in a tough market.
UK shops face trading standards crackdown
Trading standards leaders call for urgent government action to protect shoppers from scams and unfair practices as retail crime surges.
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