All Restructures and receiverships articles – Page 15
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News
100 potential bidders ran the rule over Patisserie Valerie
Around 100 potential bidders expressed an interest in rescuing stricken cake retailer Patisserie Valerie ahead of crunch talks this week, though reports warn the chain could be broken up.
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News
Oddbins forced to call in administrators again
The ailing chain has turned to administrators Duff & Phelps for aid, blaming the current squeeze on consumer confidence and surging costs
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News
Jobs at risk as Oddbins prepares to appoint administrators
The wine merchants is preparing to enter administration for the second time in eight years
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News
Patisserie Valerie rescue talks planned for next week
Administrators for Patisserie Valerie and the chain’s management team are expected to meet potential bidders next week in a bid to strike a rescue deal for the collapsed cake retailer.
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News
Tesco confirms major restructure plans to staff
The UK’s biggest retailer is thought to be planning an overhaul of its fresh food counters and bakeries
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Comment & Opinion
'Business as usual' as buyer sought for Patisserie Valerie
An “avalanche of names” have expressed an interest in collapsed cake specialist Patisserie Valerie
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News
Samworth Brothers to close Kensey Foods dessert business
The proposed closure of the Launceston-based factory has put 650 jobs at risk
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Crawshaw owed more than £15m after administration
Crawshaw Group shut 35 of its 54-store portfolio across the north and Midlands when it crashed into administration in October
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News
Online wine retailer WineDirect suspends trading after entering administration
Fermentation Ltd, the company behind WineDirect and JustInCases.co.uk, hired administrators last week
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Comment & Opinion
Patisserie Valerie boss: ‘It’s business as usual’
To Steve Francis, who’s been brought in to turn Patisserie Valerie around, it’s “a bittersweet time”
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News
Patisserie Valerie shutters 71 outlets at the cost of 920 jobs
Newly appointed administrator for collapsed Patisserie Holdings KPMG has confirmed that initial closures of loss-making outlets will lead to 920 job losses.
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News
Patisserie Holdings collapses into administration
Patisserie Holdings, the owner of cake retailer Patisserie Valerie has announced it has fallen into administration after being unable to renew its banking facilities.
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Patisserie Valerie locked in crisis talks
Last ditch talks to secure the future of café chain Patisserie Valerie are continuing.
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News
Patisserie Valerie reveals “extensive” accounting misstatement
Patisserie Valerie has announced to the stock market it has found the misstatement in its accounts was “extensive” and involved “very significant manipulation”.
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News
Hartley's & Mulberrys off-licence owner appoints liquidators
Its creditor BNP Paribas Leasing Solutions petitioned to have the business wound up in December
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News
Sainsbury's milk supplier Tomlinsons appoints advisors to explore possible sale
It comes amid warnings of overcapacity and ‘wafer thin’ margins across the processing sector
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News
Maddock's sausage maker Lockwoods collapses
The company’s baked pies business stopped production earlier in the year
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Analysis & Features
Italian wine retailer Vini Italiani rescued from administration
Italian wine specialist Vini Italiani has been rescued from administration in a deal saving 20 jobs.
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News
Bon Bon Buddies in 'complete restructure' after debts mount
The struggling Welsh sweet maker confirmed a Company Voluntary Arrangement with creditors last month
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News
Deal sought for Jools Drinks brand and assets
Owner Kmera Ltd is seeking a sale for the brand’s assets, intellectual property and designs