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Select

Select creditors “owed £53m” after high street retailer’s collapse

Creditors for collapsed high street retailer Select have claimed to be owed more than £53 million as part of the firm’s administration. Unsecured creditors, who...
Sir Philip Green

Pensions Regulator could pursue Sir Philip Green’s overseas assets

The Pensions Regulator could target Sir Philip Green’s overseas assets to secure promised contributions to Arcadia’s pensions scheme. Guarantees given by Sir Philip and Lady...
Julian Dunkerton Superdry

Superdry pursues turnaround amid expected fall in profits

Superdry profits are expected to have halved when it reports full-year figures on Wednesday, as a new management team pushes ahead with a turnaround plan...
The Hut Group

The Hut Group’s annual sales soar on back of acquisition drive

Annual sales have soared at The Hut Group over the past year on the back of its continued acquisition drive. The digital retail group, which...
Amazon

Amazon to create 2,000 jobs in UK this year

Amazon will create 2,000 jobs in the UK this year, bringing its total permanent British workforce to almost 30,000 people. The new roles are spread...
Sports Direct Mike Ashley Jack Wills

Mike Ashley’s retail chief quits Sports Direct

One of Mike Ashley’s chief lieutenants has quit Sports Direct after 28 years working for the retail tycoon. Karen Byers, whom the billionaire called the...
Office

Office owner confirms it is in talks with lenders

The owner of footwear chain Office has confirmed it is in talks with lenders over its debt, after it was hit by the tough...
Bonmarche

Fund managers slam “incompetent” Bonmarché bosses as they sell out to...

Fund managers at Cavendish have slammed the “incompetent” bosses of Bonmarché, as they sold their stake in the company amid a takeover bid from...
Consumer spending

Consumer spending predicted to outperform economy

Consumers are set to continue spending despite economic uncertainty over Brexit but could begin to tighten the purse strings over the next two years,...
Facebook

Libra: Facebook to launch cryptocurrency and digital wallet in 2020

Facebook is to launch a cryptocurrency next year – backed by the likes of Mastercard, Visa and PayPal – which will allow people to...
BHS

Ex-BHS owner Dominic Chappell faces court over tax evasion charges

Former BHS owner Dominic Chappell is to appear in court on Tuesday accused of tax evasion and buying two yachts to launder money. The businessman,...
Sir Philip Green Arcadia

Sir Philip Green: Arcadia was not “close to collapse”

Sir Philip Green has rejected suggestions that his Arcadia retail empire came close to collapse before a restructuring plan was clinched with regulators and...