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Retail

Devon-based cooker specialist acquires West Country Stoves
Deals
Rangemoors has been operating in Devon since 1974
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Gloucester Quays expands retail offering with almost 14,000 sq ft of new deals
Retail
The outlet's owner Peel L&P has secured eight new brand deals
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Redundancies set to start at Wilko today as hopes remain that shops will be saved
Insolvency and Administration
More than 250 jobs going as Canadian businessman who took over HMV in 2019 said to be in talks to save shops
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Watches of Switzerland directors show faith in business with £890k share purchase
Retail & High Street
Shares in the group dropped on August 25 after Rolex acquired the Swiss jeweller and watch manufacturer Bucherer
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Work set to start on Castle Donington business park
property news
The units will be available for sale or rent and open to uses including office, industrial and retail
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HMV owner finalising deal to save majority of Wilko stores
Insolvency and Administration
Canadian businessman who owns HMV in the º£½ÇÊÓƵ and Toys R Us in Canada is the front-runner
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New Reckitt Benckiser boss to take over in autumn
Retail
Former PepsiCo executive Kris Licht has been CEO designate since an announcement earlier this year
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Bristol city centre building acquired for £2.1m
property news
Lambert Smith Hampton has completed the sale of Hanover House
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London College of Communication students help Belvoir Farm design limited edition Woodland Trust bottles
Food and Drink
Belvoir Farms launched a partnership with the woodland conservation charity earlier this year
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Next takes even bigger stake in British fashion brand Reiss
Fashion
Former Next group product director Christos Angelides – who became Reiss chief executive in 2017 – will stay on in the top job
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Superdry reports losses of £148m in full year results
Company Results
The Gloucestershire-based retailer has been struggling for some months and earlier this week announced a suspension in the trading of shares
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South West food and beverage businesses report growth
Food and Drink
A survey conducted by PR agency Grayling has found that two-thirds of businesses have grown since the pandemic
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Skincare brand Stories & Ink opens first-ever tattoo studio in Falmouth
Creative & Digital
Founded in 2020 the tattoo skincare product brand has also partnered with distribution giant Emerson Green to launch in the US
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Hundreds of jobs to go at Wilko – with more to follow
Insolvency and Administration
PwC said 'it is now clear that no viable offer structure put forward includes the group in its entirety'
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Reports suggest deal to save Wilko jobs has collapsed
Retail & High Street
Administrators at PwC still understood to be in negotiations with other interested parties, though
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Frasers Group takes bigger stake in Boohoo
Fashion
AJ Bell analyst says Frasers has a reputation for 'picking at the bones of businesses when they are down'
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Union fears Wilko redundancies could restart today
Insolvency and Administration
It is understood that private equity firm M2 Capital has made a £90 million offer to buy the retailer
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Superdry forced to suspend trading in shares after failing to file annual results
Company Results
The Gloucestershire-based retailer has been struggling for some months and previously agreed a loan of up to £25m to help fund its turnaround plan
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Union says redundancies on hold at Wilko as search for buyer continues
Insolvency and Administration
GMB says any redundancies at Wilko have been suspended while administrators considers 'multiple bids'
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The stuntman and ex-Para whose parachute sewing skills built one of º£½ÇÊÓƵ’s top beanbag makers
Retail
Ray Armstrong has done parachute stunt roles on box office hits including Mission: Impossible Dead Reckoning
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Watches of Switzerland shares dive after Rolex buys rival Bucherer
Retail & High Street
Management played down the news saying it is not a strategic move into retail by Rolex
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Bristol catering equipment supplier celebrates 50 years of trading
Events
Jongor Hire has supplied major events such as the London 2012 Olympics and King Charles’ 50th birthday celebration, as well events for the NHS and National Grid
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Hamper firm Heather & Bale gears up for busy Christmas with five-figure investment
Deals
The Alnwick firm which launched at the start of the pandemic has secured the funding from NEL Fund Managers
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Birmingham City fans facing long wait for kit after surge in orders
West Midlands
Blues' chief executive says the club has underestimated the level of interest in purchasing new kit
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