“Due to the loss and under-performance of several key contracts, including its main UK retail licensee, along with a previously growing licensee based in the United States, which severely impacted cashflow, the company is now in liquidation,” said Alan Coleman, of liquidation company FTS Recovery.
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Brexit: ‘I was asked to pay an extra £82 for my £200 coat’
admin, , Business, 0
Mail and freight company TNT is also adding £4.31 on all shipments from the UK to the EU and...
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Energy firms face deadline in review of direct debit hikes
admin, , Business, 0
An Ofgem spokesperson said: “Our top priority is to protect consumers and we recently wrote to suppliers to alert...
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Tobacco giant Philip Morris raises bid for respiratory drugmaker
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The London-listed company said on Friday that it believed it could better positioned under Carlyle’s ownership, noting the “reported...
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British exports worth billions have faced EU tariffs since Brexit
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Although exports began to recover from a massive drop in January, over the quarter, the Observatory calculated that, of...
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HMRC drops decision to close self-assessment helpline
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Tina McKenzie, from the Federation of Small Businesses, said: “While online services are a key part of the communications...
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Dutch to restrict chip equipment exports amid US pressure
admin, , Business, 0
“The uncontrolled export of goods and technologies therefore potentially poses national security risks,” she added. “The Netherlands bears an...
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Primark says stock woes could persist until 2023
admin, , Business, 0
Mr McLintock said AB Foods – which, as well as running Primark, also owns food brands such as Twinings,...
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Apple becomes the latest tech giant under siege
admin, , Business, 0
When a new hardware product goes on sale, Apple employees form a guard of honour outside stores and applaud...
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