Virgin Megastores has been sold by Sir Richard Branson for an undisclosed sum to a management buy-out team. The team was led by managing director Simon Douglas and finance director Steve Peckham, whic... [more]

Mountain Warehouse, the UK-based retailer of discount outdoor clothing and equipment, has been sold for £15m in a management buyout backed by Icelandic investment vehicle Arev.... [more]

Fopp has bought 67 former Music Zone stores out of administration, including an office in Stockport and a warehouse in Norfolk, securing the future of 775 jobs.... [more]

Adams Childrenswear has been bought out of administration by a former chairman of Stead & Simpson, securing the future of 3,000 jobs at 273 stores, but a further 400 jobs at 42 branches will be lost.... [more]

Greeting Card Group has been bought out of administration by a management team, securing the future of 1,500 of the 2,500 jobs and 300 of the 470 card shops.... [more]