Showbiz > UK

Shoe chain Aldo collapses into administration over coronavirus with five stores permanently closed

1 month ago   |   By The Irish Sun

SHOE retailer Aldo has collapsed into administration in the latest coronavirus tragedy to hit the UK high street.
Its Canadian parent firm Aldo Group today confirmed it has drafted in administrators at insolvency specialists RSM.
Aldo has announced five of its stores will never reopen Getty Images - Getty
Aldo Group said it was “necessary” to place the UK arm of its business into administration due to the impact of coronavirus.
The move has resulted in the permanent closure of five Aldo stores.
Administrators will now explore options for the remaining eight of the retailer's stores.
Aldo...
Read more ...

 

Shoe chain Aldo goes bust over coronavirus with five stories immediately closed

Shoe chain Aldo goes bust over coronavirus with five stories immediately closed

1 month ago   |   By The Sun

SHOE retailer Aldo has become the latest casualty of coronavirus on the UK high street, as its Canadian parent firm drafted in administrators
Aldo Group said it was “necessary” to place the Aldo UK business into administration due to the impact of the pandemic.
The move resulted in the immediate closure of five of its stores, the company said.
Administrators at insolvency specialists RSM have held onto eight of the retailer's stores as they look to explore further options for the company.
The company said the collapse was also driven by “historic profitability challenges and the...
Read more ...

 


Search by Tags

   UK      Business      Retail      Money      News Money      Companies      Markets      News  


Javicia Leslie will replace Ruby Rose as Batwoman

Javicia Leslie will replace Ruby Rose as Batwoman

Javicia Leslie has been cast to replace Ruby Rose as Batwoman, becoming the first black actress in TV history to play the role. The CW show starred Ruby, 34, as the cousin of... Read more ...

Zendaya and John David Washington filmed a secret movie in quarantine

Zendaya and John David Washington filmed a secret movie in quarantine

Zendaya and John David Washington will lead the secretly filmed movie Malcolm & Marie, which was written and directed by Euphoria creator Sam Levinson. Read more ...

Jack Whitehall feels like his former posh school treats him like 'their...

Jack Whitehall feels like his former posh school treats him like 'their dirty little secret'

Jack Whitehall and Kate Middleton went to the same secondary school - not that you'd know it. Read more ...

UFC 251 fight card in FULL: Three HUGE title fights taking place on Fight...

UFC 251 fight card in FULL: Three HUGE title fights taking place on Fight Island including Masvidal vs Usman

UFC 251 takes place this weekend - with THREE title fights on the card. The big show takes place from UFC's brand new Fight Island in the UAE. Jorge Masvidal has taken the... Read more ...

Cate Blanchett's firebrand makes Thatcher look like a hippy, says TV...

Cate Blanchett's firebrand makes Thatcher look like a hippy, says TV reviewer CHRISTOPHER STEVENS

Next to Cate's character Phyllis Schlafly - a leading light in the conservative women's movement - in Mrs America, Maggie seems like a guitar-playing primary school teacher... Read more ...

Britney Spears wishes for 'love, happiness and a world supply of designer...

Britney Spears wishes for 'love, happiness and a world supply of designer clothes' in Instagram Q&A

The 38-year-old prefaced: 'So, a lot of my fans have been asking me a lot of questions during my comments. I listened, and so now, I'm going to answer all of your questions.' Read more ...

Celebrity Masterchef's Baga Chipz jokes judges John Torode and Gregg Wallace...

Celebrity Masterchef's Baga Chipz jokes judges John Torode and Gregg Wallace 'gave her the eye'

The RuPaul's Drag Race UK star, 30, joked on Wednesday that here was 'sexual tension' between her and judges John Torode, 54, and Gregg Wallace, 55, on the show. Read more ...

Hollyoaks star Nikki Sanderson and Greg Whitehurst have SPLIT after five...

Hollyoaks star Nikki Sanderson and Greg Whitehurst have SPLIT after five years together

The Hollyoaks star, 36, broke the news to The Sun on Wednesday and said the pair have remained friends, though the publication claimed he has since joined dating app Bumble. Read more ...

Harry Potter's Seamus Finnigan is having a baby! Devon Murray announces he's...

Harry Potter's Seamus Finnigan is having a baby! Devon Murray announces he's to welcome first child

Harry Potter actor Devon Murray - who played Seamus Finnigan in the fantasy movie franchise - is expecting his first child with girlfriend Shannon McCaffrey Quinn. Read more ...

Celebrity MasterChef fans freak out over how alike Gregg Wallace and Dom...

Celebrity MasterChef fans freak out over how alike Gregg Wallace and Dom Littlewood look: ‘They're the same person!'

Celebrity MasterChef fans were freaking out over how alike Gregg Wallace and Dom Littlewood look Celebrity MasterChef fans were a little distracted during Wednesday night's... Read more ...