Matalan requests an injection of £50m to maintain liquidity
British retailer Matalan has asked existing lenders Barclays and Lloyds to inject £50m of government-backed funding to maintain liquidity. The…
All articles by Jessica Paige
Jessica Paige
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Orion Capital Management pulls out of £400m Hammerson deal
UK-based private equity firm Orion Capital Management has pulled out of its £400m deal with property development and investment company…
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J. Crew Group files for bankruptcy amid Covid-19 pandemic
American clothing retailer J. Crew, known for its preppy-style range of women’s, men’s and children’s apparel, has filed for bankruptcy.…
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J. Crew Group files for bankruptcy amid Covid-19 pandemic
American clothing retailer J. Crew, known for its preppy-style range of women’s, men’s and children’s apparel, has filed for bankruptcy.…
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Covid-19: UK DIY stores Homebase, B&Q, and Wickes reopen
The UK Government has mandated non-essential stores to close during as part of the lockdown to counter the Covid-19 coronavirus…
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Oasis and Warehouse Group permanently closes stores
Oasis and Warehouse Group is closing stores permanently after administrators at Deloitte failed to secure a deal for the retailer.…
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Covid-19: M&S sets out plans to strengthen liquidity
Marks & Spencer (M&S) yesterday announced plans to strengthen liquidity amid the Covid-19 coronavirus pandemic. Its plans include aiming to…
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Sycamore and L Brands in dispute over stalled Victoria’s Secret deal
Sycamore Partners is looking to back out of a deal to purchase a majority share in lingerie brand Victoria’s Secret…
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Should Primark consider e-commerce following its zero-earning month?
Primark, which closed stores on 22 March, has also reduced its clothing stock value by £284m and furloughed 68,000 staff…
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Debenhams makes deal with landlords to reopen stores post pandemic
UK department store chain Debenhams has made deals with landlords to open the majority of its outlets after the Covid-19…