All Restructures and receiverships articles – Page 16
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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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News
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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News
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
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News
City snapshot: Bon Bon Buddies agrees rescue plan after debts mount
Licensed confectionery manufacturer Bon Bon Buddies has agreed a rescue plan with creditors, a new report reveals 14 shops a day have closed on UK high streets so far this year, and the rest of the City news
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News
Administrators for Crawshaws close 35 unprofitable stores
More than 350 staff have already lost their jobs, however, administrators hope to sell off the chain’s remaining 19 profitable stores
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News
Poundworld set for high street return after purchase
The Poundworld brand has been sold to businessman Manni Hussain who plans to open 250 stores
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News
High street butcher Crawshaw Group to hire administrators
High street butchers chain Crawshaw Group has announced plans to hire administrators, admitting it does not funds for a necessary restructure.
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News
Poundworld and Bargain Buys brands sold by administrator
All of Poundworld’s intellectual property assets have been sold to the Leeds-based company New Money