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Flying Tiger snapped up by Modella Capital amid fears for its future
UK private equity firm Modella Capital has acquired the retailer Flying Tiger. The investment firm, which also owns TG Jones, is reportedly backing the existing management of the Danish homewares chain.
Flying Tiger snapped up by Modella Capital amid fears for its future
UK private equity firm Modella Capital has acquired the retailer Flying Tiger. The investment firm, which also owns TG Jones, is backing the existing management of the Danish homewares chain.
High street bloodbath as more than 120,000 shops close across UK in past decade
High street bloodbath as more than 120,000 shops close across UK in past decade Research reveals how more than eight out of 10 department stores have closed since 2016 More than 120,000 shops have closed across the UK in the past decade, a report found. The mass decline in the number of stores comes as many communities have also seen a wave of other businesses vanish too. That includes nearly 6,600 bank branches that shut between 2016 and 2025, according to research by package price...
UK shoe store chain Wynsors may close stores as restructuring puts 100 jobs at risk
UK shoe store chain Wynsors may close stores as restructuring puts 100 jobs at risk Wynsors World of Shoes is reportedly considering closing several stores as part of a restructuring process that could affect around 100 jobs, after it was acquired by an investment firm six months ago Footwear retailer Wynsors World of Shoes is undergoing a restructuring process that could place 100 jobs in jeopardy, just six months after the chain was acquired by an investment firm. Investment firm Modella...