Claire’s has shut down stores this week (Image: Getty) A UK liquidation firm has issued a warning over the state of the UK high street following the closure of 154 Claire’s stores and the loss of 1,300 jobs. The move comes as the US arm of Claire’s, formerly known as Claire’s Accessories, continues to struggle,…
Spirit Airlines is preparing to cease operations after the beleaguered company ran out of cash and a rescue attempt by the Trump administration appeared to stall. The company struggled to make a deal with its creditors and secure funding to maintain operations, according to a Wall Street Journal report citing people familiar with the matter.…
An airline has cancelled all flights with immediate effect after plunging into liquidation. It has been confirmed the airline will return its fleet of planes and give up its UK Air Operator’s Certificate (AOC). Ascend Airways, which was founded in 2004 but operated under its current name for just three years, operated flights from Gatwick…
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
Modular housing firm collapses owing more than $1m after court ruling The Press Read the original article here
Quiver Delivery, based in London, launched back in 2021 with the aim of becoming “the physical connection between brands and their customers”. The company offered immediate, same-day, or next-day delivery to 86% of homes in London and was completely emissionless, using only human or electricity-powered vehicles. These included bicycles, e-bikes, e-cargo bikes, e-mopeds, e-cars, and…
Company behind popular Chinese eatery Maxine’s Palace owes $1 million The Press Read the original article here
A UK high street fashion chain has crashed into administration, with all 40 of its stores now facing potential closure. The full extent of the financial crisis at Glasgow-founded Quiz Clothing has been revealed in newly published administrators’ reports, as the countdown begins to a decision on the future of the business. The companies behind…
Jonjua Overseas Board Approves Expression of Interest for Telephone Cables Limited Insolvency Matter scanx.trade Read the original article here
A popular gingerbread manufacturer has plunged into liquidation after 17 years of trading. The Larder Co (UK) Ltd, trading under the name of Hawkens Gingerbread, has formally entered creditors’ voluntary liquidation. The company status is currently listed as liquidation on Companies House and liquidators were appointed on March 4. Freddy Khalastchi and Giuseppe Parla, of…