Mike Ashley ally Crispin Odey ‘made £30m after shorting Debenhams stock’ before chain’s crash Odey previously backed the Sports Direct boss in boardroom disputes City sources say he made £30m shorting Debenhams stock before it crashed The short is likely to have contributed to Odey’s strong performance By Ben Harrington, Financial Mail on Sunday Published: … 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
Women’s fashion chains Oasis and Warehouse were today preparing to slide into administration with 2,300 jobs now at risk during the coronavirus pandemic. The chains are expected to appoint auditor Deloitte by tomorrow at the latest to run their administration after the lockdown forced them to shut their 90 UK stores. The company, which is … Read more
Two High Street chains with 4,500 staff collapse as they become latest victims of coronavirus crisis By Tom Witherow For The Daily Mail Published: 22:10 BST, 30 March 2020 | Updated: 22:10 BST, 30 March 2020 Two High Street chains with 4,500 staff collapsed yesterday as they became the latest victims of the coronavirus crisis. … Read more
Scores of Britain’s best-known high street food and drink chains will go bust by the end of April unless banks provide immediate finance By Harriet Dennys, Financial Mail On Sunday Published: 22:56 BST, 28 March 2020 | Updated: 22:56 BST, 28 March 2020 Scores of Britain’s best-known high street food and drink chains will go … Read more
All major fast food restaurants in the UK will have closed their doors by tomorrow amid the coronavirus crisis. There were huge queues for McDonald’s across the country last night with customers desperate for one last Big Mac before all restaurants shut up shop at 7pm. Despite vowing to keep kitchens open for Drive-Thrus and … Read more
More than 25 major high street chains hold crunch talks with landlords to avert stores axe By Neil Craven for The Mail on Sunday Published: 23:07 GMT, 21 March 2020 | Updated: 23:07 GMT, 21 March 2020 More than 25 major high street chains are in crunch talks with landlords over a massive rent bill … Read more
Gym chains promise to freeze membership payments and provide online workouts as they are forced to close to stop coronavirus spreading Some of Britain’s biggest gym companies promise to freeze membership fees Gyms have been forced to close with pubs and clubs amid coronavirus crisis Some gym chains including Virgin Active is planning to deliver … Read more
A growing number of retail giants closed their doors on Thursday and restaurants heeded calls for social distancing amid Europe’s coronavirus pandemic, in the largest mass closure yet. In the restaurant world Zizzi and Ask Italian are to close their sites temporarily as national restaurant chains start to shut in the face of the coronavirus … Read more