Tag: business

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A Look At The PlusToken Exit Scam
Business, Worldwide News no comments

A Look At The PlusToken Exit Scam

Over $240 million in proceeds from the alleged crypto scheme PlusToken have reportedly moved through four Bitcoin (BTC) transactions. Whale Alert, a Twitter account, that is definitely worth a follow, dedicated to reporting large cryptocurrency transactions, posted on the 17th of August that four transactions adding up to 22,923 BTC were likely the transactions of…

Debenhams confirms Stefaan Vansteenkiste as new chief
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Debenhams confirms Stefaan Vansteenkiste as new chief

Stefaan Vansteenkiste is set to become the new chief executive at Debenhams. This follows chairman Terry Duddy decision to step down in September. Mr Vansteenkiste joined Debenhams in April as a chief restructuring officer, he has been working with a team on new business plans to deliver a turnaround. Mr Vansteenkiste said: “The retail industry faces…

Boohoo makes offer to buy Coast and Karen Millen
Business no comments

Boohoo makes offer to buy Coast and Karen Millen

Online fashion brand Boohoo have made an offer to buy the digital businesses and brands of Coast and Karen Millen. This raises fear for jobs in the brands high street stores. Together Coast and Karen Millen employ around 1,100 people with 32 stores and 177 concessions across the UK.  The Karen Millen company lost £5.7m…

Sports Direct buys Jack Wills out of administration
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Sports Direct buys Jack Wills out of administration

Mike Ashley’s Sports Direct business has bought Jack Wills for £12.75 million after the fashion chain went into administration on Monday. The high street retailer has taken over all of Jack Wills’ stock, the distribution centre and 100 stores plus employees across the UK and Republic of Ireland.  Sports Direct admitted that it regretted trying…

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