Thin Film Electronics ASA, a leader in Near Field Communications (NFC) solutions, announced a strategic update and corporate restructuring aligning the business with the current market adoption of NFC. The Company plans to focus resources on developing and building market adoption of its brand protection and consumer engagement solutions. For more information see the IDTechEx…
(Reuters) – Pier 1 Imports Inc has tapped debt restructuring lawyers to navigate potential negotiations with lenders as it struggles with falling sales, people familiar with the matter said on Thursday, sending shares of the U.S. home furnishing retail chain sharply lower. FILE PHOTO: The Pier 1 Imports store is seen in Broomfield, Colorado September…
Deirdre Hipwell, Retail Editor Sir Philip Green is preparing to seek a Company Voluntary Arrangement and restructure his retail business empire with significant numbers of store closures and job lossesIsabel Infantes/PA Sir Philip Green is set to carry out a significant restructuring of his retail empire which could result in hundreds of job losses and…
Sir Philip Green is edging closer to a radical restructuring of his Arcadia retail empire in a move that could result in significant stores closure and job losses. The retail billionaire and his advisers are understood to be in talks about entering a company voluntary arrangement (CVA), an insolvency process that would require the approval…
Oslo, Norway, March 15, 2019 – Thin Film Electronics ASA (“Thinfilm”) (OSE: THIN; OTCQX: TFECY), a global leader in Near Field Communications (NFC) solutions, today announced a strategic update and corporate restructuring aligning the business with the current market adoption of NFC. The Company plans to focus resources on developing and building market adoption of…
By Mark Kleinman, City editor Sir Philip Green is accelerating efforts to restructure his Arcadia retail empire through a programme that could involve announcing significant numbers of store closures and substantial job losses as soon as next month. Sky News has learnt that the billionaire tycoon and his advisers are working on proposals to unveil…
Interserve could go into administration on Friday as the outsourcing group fights to win support for a restructuring plan before a crunch vote. Shareholders will give their verdict at an emergency meeting on Friday on a proposal put forward by banks and hedge funds, which have offered to forego 485m of the companys 631m debt…
DAZN Group announced this week that its business division formerly known as Perform Media has rebranded as DAZN Media. The new entity is responsible for handling global media partnerships and will integrate advertisements into DAZNs sports streaming content for the first time. To assist DAZNs new advertising division, the company also announced the launch of…
(Reuters) – Pier 1 Imports Inc has tapped debt restructuring lawyers to navigate potential negotiations with lenders as it struggles with falling sales, people familiar with the matter said on Thursday, sending shares of the U.S. home furnishing retail chain sharply lower. FILE PHOTO: The Pier 1 Imports store is seen in Broomfield, Colorado September…
The merged business will be co-led by KPMGs National Head of Restructuring Services, Matthew Woods, and Ferrier Hodgson Practice Leader, James Stewart, with 27 partners and more than 200 specialists across Australia. Under the terms of the deal, KPMG Australia will acquire Ferrier Hodgsons business located in Sydney, Melbourne, Brisbane and Perth, with discussions with…