Stockmann offered an update on its parent company restructuring process on Tuesday saying that the District Court of Helsinki has ruled a temporary prohibition of debt collection and appointed an interim administrator.
Alice Hall, co-founder of online fashion retailer Pink Boutique, has left the business to focus on a separate venture. Co-founder Julie Blackie remains as managing director alongside new CEO David Quinn.
It may come as no surprise that footfall in the UK declined sharply in late March, but it's worrying that it moved up again last Saturday and Sunday as UK consumers looked for something to do in the warm weather.
More than 3,650 small firms, including retail stores, pubs, restaurants and other types of leisure units in England are each set to lose out on £15,000 of government grant funding, a new report has found.
Beauty treatment brand Margaret Dabbs London has sold a minority stake to Best World International in a deal brokered by Cavendish Corporate Finance and worth £27.7 million.
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