Women’s fashion retailer Quiz places division behind 82 of its standalone stores into administration By Henry Martin For Mailonline Published: 07:41 BST, 10 June 2020 | Updated: 09:20 BST, 10 June 2020 Fashion chain Quiz is placing the division that runs its 82 standalone stores into administration as part of a restructure to offload loss-making … Read more
Victoria’s Secret plunges into administration in the UK putting 800 jobs and 25 stores at risk UK arm of lingerie brand Victoria’s Secret has slipped into administration The company has been struggling amid the ongoing coronavirus pandemic Now 25 stores are at risk which could result in the losses of over 800 jobs Administrators will … Read more
Trump administration is ‘considering first nuclear weapons test since 1992 citing threats from Russia and China’ – but experts warn it could start an ‘unprecedented arms race’ and destabilize international relations Trump administration officials allegedly discussed conducting a nuclear weapons test during a May 15 meeting with several national security agencies They claimed Russia and … Read more
The US Government has maintained its position on the diplomatic immunity granted to Harry Dunn’s alleged killer. The teenager’s parents Charlotte Charles and Tim Dunn wrote to them urging them to change their minds. Downing Street backed Harry Dunn’s parents in their plea to US President Donald Trump to review the decision to block an … Read more
Another mini-bond in administration: Blackmore owes savers £45m after promising 9.9% returns on property projects By Daily Mail City & Finance Reporter Published: 21:51 BST, 23 April 2020 | Updated: 21:51 BST, 23 April 2020 Another savings firm offering so-called mini-bonds has tumbled into administration, spelling potential disaster for investors. Blackmore Bond, which owes savers … Read more
Virgin Australia has gone into voluntary administration, putting 16,000 jobs under threat. The airline will be managed by accountants from Deloitte while it restructures and looks for a buyer. There are fears the restructure will involve scrapping less profitable routes, particularly to regional areas, meaning Qantas will be the only provider and can push up … Read more
Virgin Australia ‘collapses into voluntary administration after crisis talks failed to save the embattled airline’ – leaving 16,000 employees in limbo Virgin’s board is reported to have put the airline into voluntary administration The airline would not confirm or deny the claim on Monday evening 16,000 jobs at risk however the airline could continue trading … Read more
Debenhams has confirmed the closure of seven stores with the loss of 422 jobs after it slid into administration last week. The department store firm said it has agreed terms with landlords to continue trading at 120 of its 142 UK stores. It is understood the group is in ongoing talks over the remaining stores … Read more
High-street fashion chains Oasis and Warehouse have collapsed into administration, putting 2,000 workers at risk across 92 branches and 437 concessions. The chains are expected to appoint auditor Deloitte to run their administration after coronavirus lockdown forced them to shut their 90 UK stores. The brands, which are owned by the failed Icelandic bank Kaupthing, … Read more
High Street chains Oasis and Warehouse on brink of administration – putting 2,300 jobs at risk By Daily Mail City & Finance Reporter Published: 22:46 BST, 14 April 2020 | Updated: 23:08 BST, 14 April 2020 Fashion sellers Oasis and Warehouse were on the brink of administration last night – putting 2,300 jobs at risk. … Read more