Browsing: financial challenges

The Small Business Administration’s disaster loan program recently ran out of funds, highlighting urgent financial challenges. Congress must act swiftly…

A significant development has occurred in Yorkshire and Humber. Builders’ Merchant Company Ltd has entered administration, leading to immediate job…

The property value of Selfridges has significantly decreased, raising concerns about ongoing financial pressures.Selfridges’ property portfolio saw a reduction of…

Boeing is taking decisive actions to address its current financial and operational hurdles.Facing losses and safety issues, the company has…

In a strategic move by Kering, Gucci appoints Stefano Cantino as the new CEO, effective January 2025, following a challenging…

Monese has negotiated a debt arrangement with Pockit as it seeks new funding sources after HSBC devalued its investment in…

Frasers Group bids for Mulberry amid financial challenges, aiming to avoid ‘another Debenhams situation’.Mulberry swiftly rejects Frasers’ £83 million offer,…

The UK garden centre sector is experiencing significant challenges, affecting major chains like Dobbies and Homebase.Dobbies plans to close 17…

Frasers Group, owned by billionaire Mike Ashley, has offered £83 million for the remaining shares of Mulberry. The move comes…

The UK branch of Ab Inbev, known for producing popular beers, faced significant financial challenges in the last year. Despite…