Next to buy Cath Kidston out of administration – but jobs will be cut
Administrators said that there ‘will be redundancies’ at the business, which currently employs 125 people.
Source: standard.co.uk
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FTSE stocks: the big risers and fallers of 2022
The FTSE 100 kept its head above water in 2022, but the medium- and small-cap indexes struggled. Here are the year's big risers and fallers.
Source: fool.co.uk
Can brands furnish an online retail future in home decor? Wayfair and Williams Sonoma have their own designs for survival
Online home furnishing retail boomed during the lockdown days of the COVID crisis, but has since run into trouble. Can the likes of Wayfair and Williams Sonoma avoid following the demise of Made.com?
Source: diginomica.com
Britain's Next buys failed furniture retailer Made.com, 400 jobs axed
British fashion retailer Next will buy the Made.com brand for 3.4 million pounds ($3.8 million) after the online furniture seller collapsed into administration, resulting in about 400 job losses.
Source: ibtimes.co.uk
BBCNEWS World Business Report June 4, 2024 04:46:00
The firm's share price plummeted after it revealed rescue talks with potential buyers had been terminated on tuesday. made.com, which was launched in 2011 — employed around 700 staff at the end of last year. it was co—founded by ning li and brent hoberman, best—known for starting lastminute.com stay with us on bbc news, still to come — drug habit. we meet the californian nuns who've been helping to pioneer democracy, died today. 0nly yesterday, she had spoken of dying in the service of her country, and said, "i would be proud of it. after 46 years of unhappiness, these two countries ha...
Source: archive.org