After OrotonGroup received a takeover proposal from shareholder Will Vicars earlier in the month, creditors of the Australian accessories company said the firm will back the AU$25 million rescue plan proposed.
The bankrupt department store chain is in active discussions with a bidder to acquire the company, and had received approval from lenders to extend the deadline for submitting bids for the chain, it said on Friday.
U.S. President Donald Trump launched his second attack in a week on Amazon.com Inc on Saturday, accusing the online retailer of getting unfairly cheap rates from the U.S. Postal Service and not paying enough tax.
Goop has announced plans to expand globally with $50 million raised in Series C funding. Despite the fact that, until December, the site only shipped in the US, 35% of Goop's consumers are currently from other countries.
The Paramus, New Jersey-based watchmaker reported its fourth quarter and full fiscal year 2018 results on Thursday, announcing a sales increase of 14.1% in Q4, driven by strong performances in its European subsidiaries.
Prime Minister Theresa May will likely win a Brexit deal that suits both sides of her warring party and the EU because the alternative does not bear thinking about, the boss of Next and a prominent Leave supporter said.
Revenue and gross profit both accelerated at womenswear e-tailer Sosandar in the nine months to the end of last year, but while the business is clearly progressing, the bottom line is that the firm is still loss-making.
Following a month of news about UK retail failures, finally some good news. It seems that Jigsaw has dealt with its cash flow problems by signing a £20m deal involving one of the founders of Carphone Warehouse.
Amazon shares fell as much as 7.4 percent on Wednesday, briefly wiping about $53.6 billion from its market value, following reports that Donald Trump is obsessed with the online retailer and wants to rein in its power.