URC side Cardiff Rugby to enter administration in blow for Wales April 8, 2025 Two-time European Challenge Cup winners Cardiff Rugby are set for an emergency takeover by Welsh rugby’s governing body the WRU. Players and staff at the United Rugby Championship club were informed on Tuesday by chief executive Richard Holland that the club were poised to go into administration. The decision by Helford Capital Limited, whose investment [...]
Julian Charles rescued out of administration after tax rises bite March 26, 2025 Julian Charles, the luxury bedding and homewares retailer, has been rescued out of administration after struggling with falling sales and increasing taxes. The Manchester-headquartered company’s business and assets have been sold to Great Bedding Co Ltd in a deal which safeguarded 230 out of 251 jobs and more than 25 trading sites as well as [...]
In The Style: Huge debts revealed after rescue deal saves jobs March 24, 2025 In The Style owed more than £20m when it was rescued after collapsing into administration, it has been revealed. The Manchester-based fast-fashion brand rescued by Alps Sourcing Limited last week in a deal which secured 87 jobs. The debts have been revealed in a new document filed with Companies House by administrator FTS Recovery. What’s the [...]
England Rugby Travel: RFU joint venture goes into liquidation March 21, 2025 England Rugby Travel Limited, a venture involving rugby’s governing body the RFU, has gone into liquidation. The firm, based out of Twickenham Stadium (Allianz Stadium), provided fans with ticket packages and experience for England Rugby matches both home and away. Paul Ellison and Rob Keyes of KRE Corporate Recovery Limited have been appointed liquidators for [...]
In The Style: Fast-fashion brand saved after administration collapse March 19, 2025 In The Style has been sold after collapsing into administration in a move which put hundreds of jobs at risk of being lost. FTS Recovery had been appointed to oversee the administration process at the Manchester-based company before a deal with Alps Sourcing Limited was agreed. It has now been confirmed that 87 jobs in [...]
Steven Bartlett’s first Dragons’ Den investment rescued after administration collapse March 17, 2025 The first company that Steven Bartlett invested in when he joined hit BBC One show Dragons’ Den has been rescued after collapsing into administration. Artisan cheese retailer Cheesegeek has been snapped up by Scotland-based Albex Group for an undisclosed sum. The news, which was first reported by The Grocer, comes after Steven Bartlett bought a [...]
Select Fashion on verge of collapse as it shuts UK stores – reports March 15, 2025 Retailer Select Fashion is reportedly on the verge of collapse as the struggling chain nears the closure of 35 shops across the UK. The group has drafted in advisers to oversee a process of liquidation, according to documents seen by the Sun. It comes as it is believed the chain will have shut 35 shops [...]
Bistrot Pierre: Jobs lost and restaurants closed as chain rescued March 7, 2025 Almost 160 jobs have been lost and a number of restaurants are to close after Bistrot Pierre was sold out of administration to a private equity firm. A vehicle owned by Cherry Equity Partners has snapped up part of the Nottingham-headquartered chain in a deal which has saved 394 roles and ten sites. However, eight [...]
In The Style goes out of fashion as administration looms February 14, 2025 Fast-fashion retailer In The Style is on the brink of collapsing into administration two years after being forced into a rescue deal. FTS Recovery is being lined up to oversee the potential administration of the company which was founded by Adam Frisby in 2013. The business was previously listed on the London Stock Exchange’s AIM [...]
AllBright: London’s women-only members’ club rescued February 3, 2025 A deal to buy the assets of AllBright, the women-only members’ club in London, out of administration has been announced. A Cain International company has acquired the assets after the networking and events business entered administration last week. The deal has been agreed for an undisclosed sum but the fee is expected to be revealed [...]