administrators news and archive

BHS international portfolio and online sold to Al Mana Group

London - Although collapsed department store group BHS is likely to fade from the British high street, it will live on overseas as its international portfolio has been acquired by a Qatari retail group. BHS administrators Duff & Phelps have confirmed the sale of the collapsed retailer overseas business and online operations to Al Mana Group. The...

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Debenhams and M&S to gain from potential BHS break up

With the deadline for buyers bidding for the collapsed retail chain British Home Stores (BHS) having past, it only remains a matter of time until administrators Duff & Phelps announce the new owner. However, the lucky bidder would have to take over BHS entire UK 164 store network - including 40 loss-making stores - as well as the department...