Huge job losses on horizon if Debenhams bosses take ‘last resort’ liquidation option

Around 14,000 jobs could be on the brink at struggling department store Debenhams. Plans to liquidate the business are being drawn up in case other options for saving the company – such as selling it – fall through. If the ailing department store chain collapses – and all 14,000 jobs are lost – it would be … Read more

Debenhams’s entire 14,000 workforce brace for bad news as retailer calls in liquidation experts

Debenhams calls in liquidation experts putting its entire 14,000-strong workforce at risk in what could be the biggest jobs cut of the coronavirus pandemic Department store chain appointed Hilco Capital to draw up contingency plans Debenhams announced earlier this week that it would cut a further 2,500 jobs It comes as Jet2 cuts jobs of … Read more

Retail chiefs say billions of pounds worth of clothing is being prepared for huge ‘liquidation sale’

Retail chiefs say billions of pounds worth of clothing is being prepared for huge ‘liquidation sale’ By Neil Craven, Financial Mail on Sunday Published: 21:56 BST, 4 April 2020 | Updated: 23:10 BST, 4 April 2020 Billions of pounds worth of clothing is being prepared for a huge ‘liquidation sale’, retail chiefs have told The … Read more

Katie Price ‘loses £107,000 on her perfume business after outsource firm went into liquidation’

Katie Price has reportedly lost £107,000 on her perfume business as the firm which outsourced the products went bust. Jigsaw International – which went into liquidation in 2017 – is said to have owed the former glamour model, 41, £132,000, but has only managed to recover £25,000, according to The Mirror.  The firm helped create the … Read more