New analysis from PwC shows that for every 1% increase in unemployment in Ireland, an additional 250 insolvencies can be expected. Ireland’s corporate insolvency landscape remained strikingly stable in Q1 2026, according to PwC’s latest Insolvency Barometer. The Barometer points to 212 insolvencies recorded in the first quarter of this year. This is broadly in…
That is a much darker outcome than the one hanging over the company earlier in March, when administrators were still looking for buyers. French trade media report that no credible takeover offer emerged in time, despite an urgent search process that had been running through March. The decision closes the door on any immediate group-wide…
The company collapsed with £195,000 in debt and entered liquidation on March 25 UK spirit brand found in Tesco collapses into liquidation(Image: PA) White Rhino Gin Company has collapsed into liquidation after filing £195,000 into debt. It sold in Tesco stores across the UK after being first incorporated in 2019. The business had the mission…
SINGAPORE – Fast fashion retailer Cotton On is reminding customers that it is here to stay by serving matcha drinks on the house at five stores this weekend, following disproven media reports about the chain’s exit from Singapore. Matcha drink carts will be stationed from April 4 to 5, between 3 and 5pm, at its…
SINGAPORE – Fast fashion retailer Cotton On is reminding customers that it is here to stay by serving matcha drinks on the house at five stores this weekend, following disproven media reports about the chain’s exit from Singapore. Matcha drink carts will be stationed from April 4 to 5, between 3 and 5pm, at its…
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UK-headquartered DL Hudson has filed for administration after a long-running dispute with receivables finance provider Artis Finance, which the commodity trader said is a voluntary move ahead of an anticipated acquisition. DL Hudson filed an administration application in London on November 12, alongside Rektron AQ, an acquisition vehicle that took over the trader in 2018…
Users of car sharing service Mevo are gutted the company’s gone into voluntary administration, saying it’s a cost-effective and climate-conscious choice that’s served them well for years. The Wellington-based company had cars in the capital as well as Auckland, Hamilton and Nelson. Regular customers and the administrators, are hoping it’ll come out the other side.…
The private developer behind Sydney’s Halo timber office tower has put his part of the ambitious $1.8 billion project into voluntary administration in a move he says will ensure the unique 55-storey building will ultimately get built. The surprise announcement that KPMG has been appointed to Milligan Group entities is the latest twist in the…
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