La Perla Declared Insolvent by Italian Court

MILAN — La Perla’s financial troubles have reached a tipping point. According to media reports, a Bologna, Italy, court declared the state of insolvency Thursday, with judge Michele Atzori naming a trifecta of court commissioners tasked with leading the Italian subsidiary La Perla Manufacturing Srl out of the quagmire. This marks the exit of the brand’s…

Katie Price arrested at Heathrow Airport

PA Media Katie Price has been arrested at Heathrow Airport for failing to attend court and taken into police custody. An arrest warrant was issued for the former model on 30 July after she failed to attend a court hearing relating to her bankruptcies. The Metropolitan Police said a 46-year-old woman had been arrested at…

Bradley Wiggins declared bankrupt – reports

Sir Bradley Wiggins has entered bankruptcy, according to a report in The Times on Saturday, after going through financial difficulties with his company. The former Tour de France champion, who retired in 2016 after a career which saw him win eight Olympic medals, entered an Individual Voluntary Arrangement (IVA), a financial agreement designed to help…

MOZ) share price plummets amid insolvency fears

It is expecting to report a deeper loss for the 2024 financial year in the range of between $15 million and $20 million, partially driven by disruptions from a botched technology migration project involving a new logistical supply chain platform. This impacted Mother’s Day trading to a degree that was “greater than expected”, delaying the…