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Administration

  • Carpetright: All you need to know ahead of redundancies and store closures

    July 23, 2024

    Carpetright has become the latest household name to fall into insolvency following the likes of The Body Shop, Ted Baker and online luxury fashion retailers Matches and Farfetch earlier this year.

  • Cazoo racked up debts of over £260m as it collapsed into administration

    July 16, 2024

    Cazoo racked up debts of more than £260m as it collapsed into administration earlier this year, it has been revealed.

  • Carpetright lines up PwC as looming administration puts thousands of jobs at risk

    July 12, 2024

    Carpetright is on the brink of collapsing into administration, putting thousands of jobs at risk.

  • The Body Shop: What next for high street icon as tycoon eyes rescue deal?

    July 11, 2024

    The future of collapsed high street icon The Body Shop could be decided in the next two weeks as it emerged that British tycoon Mike Jatania was in exclusive talks to rescue the brand.

  • Fortress Capital is a Ponzi scheme, administrators claim amid attempt to bankrupt directors

    July 8, 2024

    Administrators of an investment firm that had been backed by celebrities and footballers have labelled it a Ponzi scheme, and will seek to bankrupt its two directors.

  • Cazoo has collapsed. Was its bold approach to sport sponsorship to blame?

    May 30, 2024

    Last week, online car dealership Cazoo collapsed into administration. The brand had made a name as one of Europe's most prolific sponsors - was this to blame?

  • Arrowxl to be sold after former Yodel owner racked up debts of over £150m

    May 28, 2024

    ArrowXL is to be sold after the company behind it, which is owned by the billionaire Barclay family and formerly included Yodel, racked up debts of more than £150m ahead of entering administration.

  • Cazoo preparing to enter administration as car retailer attempts to avoid collapse

    May 8, 2024

    Cazoo has signalled its intention to enter administration and not ruled out winding up the company.

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