Insolvency Guardian Media Centre
Cornwall’s top tourism body goes bust Devon Live
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Forge+Bond’s USA-Based Parent Company is Ceasing Operations & Cannot Fulfill Warranties Pinkbike
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Visit Cornwall tourist board goes into voluntary liquidation business-live.co.uk
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Visit Cornwall goes into voluntary liquidation Cornwall Live
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Cornwall’s top tourism body goes bust Devon Live
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The official tourist board of Cornwall has entered voluntary liquidation, the organisation has confirmed.
A spokesperson for Visit Cornwall said the decision was due to “insurmountable financial problems”.
It comes after a business review and organisational changes instigated by the board in August.
The spokesperson said it had been an “incredibly difficult decision” but was “the only responsible choice” and they “needed to take it before another round of membership payments was due in two months”.
Chair of the board Jon Hyatt said non-executive voluntary directors had worked “tirelessly, in an extremely challenging environment, to create a long-term sustainable future for Visit Cornwall”.
He said the board had explored “every avenue…
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Since its formation, Visit Cornwall has played a central role in marketing the county and representing its tourism industry, a sector that brings £2.1bn per year into Cornwall and accounts for 20% of all jobs in the county, plus many more in service industries.
The directors of Visit Cornwall have been working tirelessly, in an extremely challenging environment, to forge a long-term sustainable future for the body which represents more than 500 Cornish business members.
As part of that work, a business review and organisational changes were instigated by the Board in August.
Following those changes it became clear the organisation’s financial position was far less robust than was previously understood, and that Visit…
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Visit Cornwall, the Community Interest Company responsible for promoting Cornwall as a visitor destination since 2015, has gone into voluntary liquidation.
Since its formation, Visit Cornwall has played a central role in marketing the county and representing its tourism industry, a sector that brings £2.1 billion per year into Cornwall and accounts for 20% of all jobs in the county, plus many more in service industries.
The directors of Visit Cornwall have been working tirelessly, in an extremely challenging environment, to forge a long-term sustainable future for the body which represents more than 500 Cornish business members.
As…
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Seven Nike stores across Sydney have closed, and as many as 115 workers have lost their jobs after major franchisee AF1 Pty Ltd collapsed into liquidation.
Nike-branded outposts in Sydney’s central Pitt Street, Bondi Junction, Neutral Bay, Burwood, Warringah, Chatswood and Castle Hill are closed, after AF1 on Friday appointed John Morgan of BCR Advisory to serve as liquidator.
The sportswear giant has pulled its licensing agreement with AF1, a Nike spokesperson told SmartCompany.
Its other retail outlets across Sydney and wider NSW are unaffected by the liquidation.
“We have appreciated the partnership and look forward to continuing to serve consumers through our growing fleet of Nike stores, multi-brand retail…
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The tourist board Visit Cornwall has entered voluntary liquidation, the organisation has confirmed.
A spokesperson cited “insurmountable financial problems” for the decision.
It comes after a business review and organisational changes instigated by the board in August.
They said it had been an “incredibly difficult decision” but it was “the only responsible choice, and we needed to take it before another round of membership payments was due in two months”.
Read the original article here
Business Wire – 29 minutes ago
Northern Trust’s FlexShares Exchange Traded Funds announced the liquidation and termination of the FlexShares Real Assets Allocation Index Fund (Ticker: ASET) (the “Fund”). Prior to and through the close of regular trading (the “Close of Trading”) on the Nasdaq Stock Market LLC (“Nasdaq”) on or about October 20, 2025 (the “Closing Date”), the Fund will undertake the process of closing down and liquidating its portfolio.
The Fund will discontinue accepting orders for the purchase of creation units after 3:00 p.m., Eastern time, on October 17, 2025. Trading of the Fund’s shares will be suspended prior to the open of regular trading (i.e., 9:30 a.m., Eastern…