Insolvency Guardian Media Centre
Reality television icons, Kerry Katona and Katie Price, are set to descend on East Lancashire later this year.
The duo are bringing their tour, An Evening with Katie Price and Kerry Katona, to the Burnley Mechanics theatre on October 14.
The event promises to be a “tell all” tour, where they share stories of friendship, marriage, divorce and bankruptcy.
Song and dance has also been promised, with the chance to ask them questions.
Katie and Kerry are also set to open up about their experiences on I’m A Celebrity… Get Me Out of Here.
Katie appeared on the show in 2004 and 2009. Kerry Katona was crowned queen of the jungle in 2004.
Both have also hit headlines for claiming bankruptcy. Kerry first declared bankruptcy in 2008 and again in…
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The death knell is ringing for Canada’s oldest company.
Hudson’s Bay announced late Friday evening that unless it finds a more viable path forward, it will begin liquidating its entire business as soon as next week, putting more than 9,000 jobs at risk.
The department store chain that dates back to 1670 and now spans 80 stores said it has been forced toward a full liquidation because “exhaustive” efforts haven’t turned up the financing it needs to keep at least some of its empire alive.
A closure of the entire business, which is planned pending a court appearance set for Monday, would mean job losses for 9,364 employees the company has in Canada across its Hudson’s Bay stores, as well as three Saks Fifth…
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The conference will explore the drivers of the current debt-driven development crisis, and how to improve resilience and risk management amid growing global uncertainties.
Governments are grappling with soaring debt costs that are squeezing public finances and stalling development.
As the world heads toward the 4th International Conference on Financing for Development (FfD4), UN Trade and Development’s (UNCTAD) biennial debt conference will set the stage for urgent solutions.
The 14th International Debt Management Conference, set for 17 to 19 March in Geneva, will be a platform to discuss and share experiences on critical developments and challenges facing developing countries, when it comes to…
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Hudson’s Bay to liquidate entire business, still seeking additional capital MSN
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Edward Koemans: “Business model was not future-proof”
On 12 March 2025, the Rotterdam District Court declared Davis Europe bankrupt, appointing Mr A.C.L. Beneder as trustee.
In a statement, CEO Edward Koemans explained that the company had experienced rapid growth prior to the COVID years. “Just before COVID, we had invested — in anticipation of Brexit — in a logistics company with its own warehouse. When COVID hit, it became clear that many of our customers were linked to the hospitality industry, resulting in a drop in sales of 50 per cent or more in some months, which forced us to reorganize.”
…
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TORONTO — The death knell is ringing for Canada’s oldest company.
TORONTO — The death knell is ringing for Canada’s oldest company.
Hudson’s Bay announced late Friday evening that unless it finds a more viable path forward, it will begin liquidating its entire business as soon as next week, putting more than 9,000 jobs at risk.
The department store chain that dates back to 1670 and now spans 80 stores said it has been forced toward a full liquidation because “exhaustive” efforts haven’t turned up the financing it needs to keep at least some of its empire alive.
A closure of the entire business, which is planned pending a court appearance set for Monday, would mean job losses for 9,364 employees the company has in…
Read the original article here
Department store chain Hudson’s Bay says it will begin liquidating its entire business as soon as next week unless it finds a more viable path forward.
Canada’s oldest company, which dates back to 1670, has 80 stores and says it was forced toward the full liquidation because exhaustive efforts haven’t turned up the financing it needs to restructure.
Hudson’s Bay says it remains hopeful that it can drum up capital and find a solution with stakeholders, including its landlord partners, to avoid a full shutdown.
A closure of the entire business would mean job losses for 9,364 employees the company has in Canada across its Hudson’s Bay stores, as well as three Saks Fifth Avenue stores and 13 Saks Off 5th locations…
Read the original article here
Hudson’s Bay to liquidate entire business, still seeking additional capital Times Colonist
Read the original article here
Department store chain Hudson’s Bay says it will begin liquidating its entire business as soon as next week unless it finds a more viable path forward.
Canada’s oldest company, which dates back to 1670, has 80 stores and says it was forced toward the full liquidation because exhaustive efforts haven’t turned up the financing it needs to restructure.
Hudson’s Bay says it remains hopeful that it can drum up capital and find a solution with stakeholders, including its landlord partners, to avoid a full shutdown.
A closure of the entire business would mean job losses for 9,364 employees the company has in Canada across its Hudson’s Bay stores, as well as three Saks Fifth Avenue stores and 13 Saks Off 5th locations…