Finance

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Arcadia Sir Philip Green

Arcadia CVA: rescue deal approved by creditors in knife-edge vote

Sir Philip Green’s Arcadia retail empire has scraped through plans to close stores after a knife-edge vote received the backing of landlords. The

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Zara

Zara owner rings up new sales record thanks to online push

The owner of fashion giant Zara, has notched up a 10% hike in first-quarter profits after record sales thanks to a further global

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Boohoo

Boohoo cheers “strong” start to year as sales jump 39%

Online fashion retailer Boohoo has said first quarter group revenues surged by 39% after strong growth across all its brands. The group saw

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Sir Philip Green

“No tears for Philip Green” as Arcadia faces landlords for crunch...

Sir Philip Green’s Arcadia empire is hanging in the balance as the business goes back to face its landlords and creditors with a

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Select

Select wins approval for second CVA

Fast fashion women’s retailer Select has won approval to enter into a second CVA process having secured the backing of 87% of its

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Debenhams

Sports Direct launches challenge to Debenhams store closure plans

Mike Ashley’s Sports Direct has launched a last-minute legal challenge to restructuring plans at Debenhams which are set to result in 50 stores

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Sir Philip Green Arcadia

Intu plans to vote against Arcadia’s revised restructuring plans

Shopping centre operator Intu plans to hold its ground and continue to vote against Arcadia’s revised restructuring plans at a rescheduled meeting of

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Ted Baker

Ted Baker warns over profits amid “extremely difficult” trading

Ted Baker has warned over profits as sales slumped amid “extremely difficult” trading and woes with its spring and summer ranges. The fashion

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Quiz

Quiz profits plunge amid slump in consumer confidence

Fast fashion retailer Quiz has seen full-year profits almost entirely evaporate, plunging amid “challenging trading conditions”. The fast fashion business saw pre-tax profits

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Sebastian Siemiatkowski Klarna

The Interview: Klarna co-founder and CEO Sebastian Siemiatkowski

“I didn’t know what fintech was in the early days. Someone told me there was some place called Silicon Valley and I looked

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Baby Boomers

Stop bashing the Baby Boomers and start appreciating the opportunity they...

Baby-Boomer bashing has become a favourite Millennial and Gen Z past time. Yes, yes, we know they’ve taken our futures, they own everything,

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Sir Philip Green Arcadia

Sir Philip Green sweetens CVA deal for landlords

Sir Philip Green has agreed to plough a further £10m a year into Arcadia in a bid to secure support from landlords for the fashion

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