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Hilco UK
Hilco Capital is a British international company that specialises in restructuring and refinancing other companies. Notable projects Hilco has been involved with these companies, and in some cases owning and operating them for a period of time: United Kingdom * Adams Childrenswear * Allders (original store closures) * Allied Carpets * Andys Records * Bank * Beatties of London * Borders (UK) * British Home Stores (cleared stores) * Chapelle Jewellery & Watches * Clintons (294 store closures) * Courts plc * Denby Pottery Company (debt, restructuring and management buyout) * Elvi * Ethel Austin * Extreme Stores * Faith * Fashion Rocks * Focus DIY * Habitat (debt and restructuring) * HMV (purchased in 2013) * Homebase (purchased in June 2018) * Hypervalue * ILVA (UK) * JJB Sports (cleared stores) * Kwik Save * Litho Supplies * Littlewoods * Maplin (retailer) (Cleared stores) * MFI Group * MK One * Music and Video Club * Nicole Farhi (fashion label, sold in 2012) * Owen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Company
In a limited company, the 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 common for a distinct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clintons
Clintons, previously branded as Clinton Cards, is a chain of stores in the UK founded in 1968 by Don Lewin and known for selling greeting cards, together with soft toys and related gift products. It was listed on the London Stock Exchange and was a constituent of the FTSE Fledgling Index. On 9 May 2012 the company entered administration and following the closure of 350 branches, the company was bought by American Greetings. The company fell into administration in 2012 and 2019, and was purchased both times by companies owned by the Weiss family. Clintons is managed by Eddie Shepard, from American Greetings’ subsidiary, Schurman Retail Group. Starting in July 2012, the company began the gradual introduction of a new store design and logo, which removed the previous ‘Clinton Cards’ branding, replacing it with the new ‘Clintons’ name. History Clinton Cards was founded in 1968 when Don Lewin OBE opened his first shop in Epping, Essex. The business grew to 77 shop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
JJB Sports
JJB Sports plc was a British sports retailer. On 24 September 2012, shares in JJB Sports were suspended, and the firm called in administrators. On 1 October 2012, it was announced that Sports Direct had purchased part of the business, including 20 stores, the brand, and its website for £28.3 million. Corporate history The original JJB sportshop was founded in the beginning of the 1900s. It was expanded and incorporated in 1971, when ex footballer and supermarket chain operator Dave Whelan acquired a single sports shop in Wigan, and immediately opened a second sports goods outlet in his supermarket in Sutton, St Helens. The original JJB sports store was established by John Jarvis Broughton in the beginning of the 1900s, and later was purchased by John Joseph Bradburn. As these initials were all the same, the business was known locally as JJB’s. When Whelan bought the store from Bradburn, he kept the JJB name. During the beginning of the 1990s, the store portfolio gre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ILVA
ILVA is a Denmark, Danish chain of furniture stores, offering mostly Scandinavian-style bedroom, bed-, dining room, dining- and living room products. The company was founded in 1974, and currently runs eight stores in the Nordic countries. It also had three stores in Britain for about two years, but these were forced to close down during the 2008 financial crisis. The internationalisation of ILVA reverses the common trend of retail internationalisation offered by literature. ILVA, rather than making acquisitions of other stores, was acquired by Martin Toogood in 2003, with a view to internationalise into the UK. Martin Toogood believed that there was a gap in the UK middle market of furniture retailing. History The company started when Jorgen and Inger Linde opened a 10,000 m² warehouse south of Copenhagen in 1974 under the name of ''JL Møbler'' og ''Tæpper A/S'' . Three years later, it was renamed ILVA. ILVA opened its first United Kingdom store in 2006. It planned to op ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hypervalue
Hyper Value (Holdings) Limited was incorporated in 1980 by Ken Rogers, the founder and then Chairman of the Hypervalue Group. It was best known for the discount retail stores that encompassed the whole of South Wales, extending into the South West of England and as far away as Southampton. As of late 2006, the company entered into a creditors voluntary arrangement. The final Hyper Value store, and formerly the group's flagship store at Pontypridd closed Friday 14 September 2007. The retail group started as a market stall held by Ken Rogers which he leased on the Barry Island Pleasure Park around 25 years ago – later on Hypervalue owned the pleasure park. Financial problems In August 2006, 50% of the company was bought by ''Hilco'', a company specialising in selling off assets from failing retail businesses. Four stores were sold to Buyology (retailer) in October 2006 and 4 more in December 2006. Six stores were sold to Ian Rogers for his new business Hypa Xtra as part of a deal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Homebase
Homebase is a British home improvement retailer and garden centre with stores across the United Kingdom and Republic of Ireland. Founded by Sainsbury's and GB-Inno-BM in 1979, the company was owned by Home Retail Group from October 2006, until it was sold to the Australian conglomerate Wesfarmers in January 2016. Wesfarmers' management was not a success, which had included an attempt to rebrand the business under its Bunnings Warehouse name, and in August 2018, the business was sold to restructuring firm Hilco for £1. Subsequently, Hilco announced that it would close 42 stores of Homebase, and cut 1,500 jobs through a company voluntary arrangement, in an attempt to get the chain back to profitability. By February 2020, Homebase had 164 outlets, and was again profitable. History Homebase was founded by the supermarket chain Sainsbury's and Belgian retailer GB-Inno-BM in 1979, as Sainsbury's Homebase. The goal was to bring a supermarket style layout to the British Do It Yourse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Habitat (retailer)
Habitat (a trading name of Argos Limited), is a brand of household furnishings in the United Kingdom and the main homewares brand within the Sainsbury's group. Founded in 1964 by Sir Terence Conran, it merged with a number of other retailers in the 1980s to create Storehouse plc, before being sold to the Ikano Group, owned by the Kamprad family, in 1992. In December 2009, Habitat was bought by Hilco, a restructuring specialist. On 24 June 2011, the company was put into liquidation and all but three UK Habitat stores were closed in a deal to sell the indebted furniture chain, with the brand and the three London stores sold to Home Retail Group. In September 2016, UK retailer Sainsbury's bought Home Retail Group, including Argos and Habitat, for £1.4 billion (about $1.85 billion). History Beginning Sir Terence Conran founded Habitat in London in 1964, opening his own store to market his Summa range of furniture. The first store was opened in Fulham Road in Chelsea by Conran, h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Focus DIY
Focus DIY was a privately owned chain of DIY stores in the United Kingdom. It served the consumer DIY market sector, and most stores had some form of garden centre. At its peak in 2002, it was the second-largest DIY retailer in the United Kingdom, although by 2011, it was the fourth. The main competitors were B&Q, Homebase and Wickes. The company operated 178 stores in the United Kingdom with 3,000 employees, but had been running losses every year since 2007. In the year up to 2011, the company had a loss of £25 million.Ernst & Young. Administrators' Statement of Proposal. 24 June 2011 On 4 May 2011, the Focus Group announced that it was going to enter administration; the following group companies went into administration: Focus (DIY) Limited, Focus (Investments) Limited, Payless DIY Limited, Payless Properties Limited, Do It All Limited and Do It All (Holdings) Limited. The company entered administration on 5 May 2011, with Ernst & Young appointed as administrators. As n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fashion Rocks
Fashion Rocks is an annual international charity fundraiser event, which features fashions by the world's top designers presented as live performances by popular music acts. Fashion Rocks Worldwide is the owner of the intellectual property rights to the Fashion Rocks brand and grants licenses for these live events globally. Fashion Rocks Worldwide also operates a content and cross-border marketplace at www.fashionrocks.com. History 2003 to 2006 The inaugural Fashion Rocks event was held at the Royal Albert Hall on October 15, 2003. Seventeen designers presented that night, including Donatella Versace and Alexander McQueen, with Björk, Jane's Addiction, Beyoncé, Robbie Williams, Grace Jones, Milla Jovovich, Blue and Duran Duran being among the performers. Proceeds went to The Prince's Trust, which totalled £1-million. The show was devised by Nicholas Coleridge, Chair of the British Fashion Council and President of Conde Nast International. In 2004, Conde Nast held the first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Faith (shoe Retailer)
Faith was a British shoe retailer founded in 1964 by London accountant Samuel Faith and his wife. In the following years new stores were gradually added, primarily in the South of England. After Samuel's retirement, his son Jonathan acquired the family business which he subsequently sold to Bridgepoint Capital in December 2004 for £65 million. The company entered administration in 2010, and Debenhams purchased the brand and 115 Faith concessions operating within its stores. History In the 1980s the brand launched its prosperous 'faith solo' brand, taking styles and ideas straight from the catwalk and selling them to a mainstream audience. The company also began a programme of opening concessions within selected Dorothy Perkins and Topshop stores. In 1996 a contract was agreed with Topshop for Faith to open a concession in every Topshop store in the UK and Ireland. In the late 1990s Debenhams also approached Faith with a long-term view to becoming the main concession partner fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Extreme Sports Channel
The Extreme Sports Channel is a pay television channel that was launched from Amsterdam on 1 May 1999. The channel broadcasts in over 60 countries and 12 languages, and covers extreme sport and adventure sports which include surfing, skateboarding, snowboarding, wakeboarding, motocross, BMX, mountain biking, FMX, music, gaming and fashion. The vision and idea for the Extreme brand franchise and TV channel came from Alistair Gosling, founder of Extreme International, an ambassador for action and adventure sports, supporter of several global marine conservation projects, international advisory board member of Qiddiya, ة القدية للاستثمار the 334-square-km sports, entertainment and cultural destination being developed in the Kingdom of Saudi Arabia and is a supporter of Medshr.net the award winning medical network that is helping save lives through peer to peer learning between doctors. History In 1997 Alistair Gosling, founder of Extreme, started approaching poten ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ethel Austin
Ethel Austin was an English clothing retailer. At its commercial peak it operated around three hundred stores. The company was purchased from the founding family in June 2002, the company ceased operation in January 2013, after numerous times entering administration. History The company was founded in 1934 by Ethel Austin, in the front room of her terraced house in Liverpool, helping neighbours with their knitting. This proved so successful, that within five years of going into business, she had opened three shops. The business became a well known and established chain in the North West and North Wales throughout the mid to late twentieth century. Ethel Austin herself died in January 1989, at the age of 88. In June 2002, the Austin family sold the business to a management team backed by Lloyds Development Capital (LDC) for £55 million. In June 2004, two years later, ABN-AMRO Capital bought the business for £122.5 million. In May 2007, it was announced that the company had wo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
