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Hilco UK
Hilco Capital Limited is a British financial investment and restructuring advisory company, operating in the UK, Western Europe, Canada and Australia. History Hilco Capital was founded in London in 2000 as a joint venture between its management team and Hilco Global. In April 2013, Hilco Capital rescued entertainment retailer HMV/ Fopp from administration, saving 141 branches. In February 2019, the retailer was sold to Sunrise Records, but with Hilco Capital retaining and licensing the trademarks for HMV/Fopp and His Master's Voice as Mermaid (Brands) Limited. In May 2018, Hilco Capital rescued the home improvement chain Homebase for a nominal £1 from Wesfarmers, following a botched attempt to convert the stores to their Bunnings Warehouse format. In August 2018, Hilco Capital announced a company voluntary arrangement (CVA) for Homebase, closing 42 of its 249 stores in an attempt to return it to profitability. In February 2020, the retailer returned to profitability earlier t ...
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Limited Company
In a limited company, the Legal liability, liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also com ...
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Denby Pottery Company
Denby Pottery Company Ltd is a British manufacturer of pottery, named after the village of Denby in Derbyshire where it is based. It primarily sells hand-crafted stoneware tableware, kitchenware and serveware products including dinner sets, mugs and serving dishes, as well as a variety of glassware products and cast-iron cookware. History The pottery at Denby was founded on the estate of William Drury-Lowe (1753-1827), William Drury-Lowe in 1809 as a manufacturer of stoneware bottles. It was run by Joseph Jager in partnership with Robert Charles George Brohier; the partnership was dissolved in 1814.The notice of dissolution refers to "the Partnership hereforeto carried on by the undersigned, Robert Charles George Brohier, and Joseph Jager, as Stone Bottle-Manufacturers, and otherwise, at a place called Jagersburgh, in the Parish of Denby, in the County of Derby, under the stile or firm of Brohier & Jager..." By this time, clay from a deposit on the land was already in use at ...
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Financial Services Companies Established In 2000
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and ...
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Vulture Fund
A vulture fund is a hedge fund or private-equity fund that invests in debt considered to be very weak or in default, known as distressed debt. Investors in the fund profit by buying debt at a discounted price on a secondary market and then using numerous methods to sell the debt for more than the purchasing price. Debtors include companies, countries, and individuals. Vulture funds have had success in bringing attachment and recovery actions against sovereign debtor governments, usually settling with them before realizing the attachments in forced sales. Settlements typically are made at a discount in hard or local currency or in the form of new debt issuance. In some instances, such as those involving Peru and Argentina, such a seizure blocked payments to other creditors of the sovereign obligor. History Sovereign debt collection was rare until the 1950s when sovereign immunity of government issuers started to become restricted by contract terms. This trend developed from th ...
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The Times
''The Times'' is a British Newspaper#Daily, daily Newspaper#National, national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its modern name on 1 January 1788. ''The Times'' and its sister paper ''The Sunday Times'' (founded in 1821), are published by Times Media, since 1981 a subsidiary of News UK, in turn wholly owned by News Corp. ''The Times'' and ''The Sunday Times'' were founded independently and have had common ownership only since 1966. It is considered a newspaper of record in the UK. ''The Times'' was the first newspaper to bear that name, inspiring numerous other papers around the world. In countries where these other titles are popular, the newspaper is often referred to as or , although the newspaper is of national scope and distribution. ''The Times'' had an average daily circulation of 365,880 in March 2020; in the same period, ''The Sunday Times'' had an average weekly circulation of 647,622. The two ...
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David Jones (department Store)
David Jones Pty Ltd, trading as David Jones (colloquially DJs), is an Australian luxury department stores, department store. The brand was owned from 2014 to 2023 by the South African retail group Woolworths South Africa. In December 2022, David Jones was sold to private equity firm Anchorage Capital Partners for approximately $100m. David Jones was founded in 1838 by David Jones (merchant), David Jones, a Welsh merchant and future politician, after he emigrated to Australia, and is the oldest continuously operating department store in the world still trading under its original name. In 1980, the Adelaide Steamship Company acquired a substantial interest in David Jones, culminating in a complete takeover. The recession of the early 1990s caused the department store assets to be floated as "David Jones Limited". For the next two decades, the company went through turbulent times, eventually leading to discussions of a merger with Myer, and then, in 2014, a takeover by South Afric ...
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French Connection (clothing)
French Connection (also branded as FCUK or fcuk) is a UK based global retailer and wholesaler of fashion clothing, accessories and homeware. Founded in the early 1970s by Stephen Marks who also serves as chairman and chief executive, it is based in London and its parent French Connection Group PLC was formerly listed on the London Stock Exchange. It was acquired by MIP Holdings Ltd in 2021. French Connection distributes its clothing and accessories through its own stores in the UK, US and Canada and through franchise and wholesale arrangements globally. The company became notorious for the use of the "fcuk" initialism in its advertising campaigns in the early 2000s. Other brands currently within the group include Great Plains, Toast and YMC. Former brands include Nicole Farhi. Brand history Stephen Marks, who started out in business in 1969 as the Stephen Marks brand, established French Connection in 1972 — a year after the The French Connection (film), film of the same na ...
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Superdry
Superdry plc (stylised as SUPERDRY®︎冒険魂) is a British clothing company, and owner of the Superdry label. Superdry products traditionally combine vintage Americana (culture), American styling with Japanese-inspired graphics. Founded in 2003, in its peak years, Superdry was a popular, status symbol high street fashion brand, sold in 157 countries, selling its clothes at high prices, and described as the "hottest fashion label on the high street". However, as of 2024, years of internal problems and falling sales have seen the brand in turmoil. The company was delisted from the London Stock Exchange in July 2024. History 2003–2011: Creation and meteoric rise Clothing brand Cult Clothing Co was established by Ian Hibbs and Julian Dunkerton in Cheltenham in 1985. During this period, Dunkerton met James Holder (businessman), James Holder, who at the time was running skatewear brand Bench (British clothing brand), Bench. In 2003, they joined forces with businessman Theo K ...
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British Home Stores
British Home Stores, commonly abbreviated to BHS and latterly legally styled BHS Ltd, is an online store and formerly a British department store chain, primarily selling clothing and household items. In its later years, the company began to expand into furniture, electronics, entertainment, convenience groceries and fragrance and beauty products. BHS traded from 1928 to 2016; the brand was later licensed to an online retailer. The company was founded in 1928 by a group of U.S. entrepreneurs, and had a total of 163 stores, mainly in high streets or shopping centres, by the time of its closure in 2016, as well as 74 overseas stores in 18 territories. BHS was previously a constituent of the FTSE 100 Index, but was bought by Sir Philip Green in 2000 and taken private. The company became part of Green's Arcadia Group in 2009. Following a number of loss-making years, the company was sold to the consortium Retail Acquisitions Ltd, led by the serial bankrupt Dominic Chappell, in March ...
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Peacocks (clothing)
Anglo Global Property Limited, trading as Peacocks, is a British clothing retailer, founded in Warrington in 1884. Originally selling home goods and basic clothing, Peacocks later re-branded as a value fashion store. Richard Kirk, the former owner of the chain, worked hard to transform Peacocks into a major fashion player. The retailer won numerous awards, notably the ''Best Value Retailer'' award from Drapers. In November 2020, its then-owners The Edinburgh Woollen Mill collapsed into administration. In January 2021, The Edinburgh Woollen Mill was rescued, but with Peacocks the ownership being transferred out of the business in April 2021 to a separate sister company called Green Spark Holdings Limited. History In 1884, Peacocks was established by Albert Peacock in Warrington as a family-run 'penny bazaar' business selling a wide range of goods. The company relocated to Cardiff in the 1940s, the move having a profound impact on Peacocks' growth, allowing it to expand its ...
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Debenhams
Debenhams plc was a British department store chain that operated in the United Kingdom, Ireland and Denmark, as well as franchised locations across Europe and the Asia Pacific. The company was founded in 1778 as a single store in London and grew to 178 locations across those countries, also owning the Danish department store chain Magasin du Nord. In its final years, its headquarters were within the premises of its flagship store in Oxford Street, London. The range of goods sold included middle-to-high-end clothing, beauty, household items, and furniture. The company suffered financial difficulties in the 21st century and entered administration twice, in April 2019 and April 2020. In November 2020, Debenhams' main concession operator Arcadia also entered administration, leading to the collapse of potential rescue talks with JD Sports and Frasers Group. As a result, Debenhams announced it would be liquidated. The Debenhams brand and website were purchased by the online retai ...
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Cath Kidston Limited
Cath Kidston Limited was a British international home furnishing retail company with headquarters in London, with a focus on handicraft and vintage themed items that embody a quintessentially British lifestyle. In March 2023 it ceased to exist as a trading entity with the intellectual property acquired by retailer Next Plc. Early years Designer Cath Kidston opened her first shop in London's Holland Park in 1994, selling hand-embroidered tea-towels. In April 2011, there were 41 shops and concessions in the UK, two in the Republic of Ireland, eleven in Japan and three in Korea. Less than three years later there were 136 outlets, including a flagship store on Piccadilly next to Fortnum & Mason, and four stores in China. Appearing on BBC Radio 4's ''Desert Island Discs'' programme, she described her shops as provoking a ' Marmite reaction': "People either love it and want a little bit of it very much, or want to stab us." The company's profits jumped more than 60 per cent from £2 ...
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