Popular fashion brand Coast is the latest high street chain finding itself in hot water, with 24 stores across the country set to close and a further 300 jobs put at risk. Despite the brand’s high street stores closing, department store branches will remain trading following a “rescue deal” by sister brand Karen Millen, a move that […]
Tag: Administration
UPDATE: Patisserie Valerie advertising jobs after cash injection
Patisserie Valerie is on the verge of sliding into administration without an immediate injection of cash. The business was warned yesterday that there is a hole in its accounts of more than £20m. Patisserie Holdings have issued an update after revealing that it had learned of “potentially fraudulent accounting irregularities”. Chris Marsh the financial director of Patisserie Valerie was arrested by […]