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    BHS Department Store Bankruptcy Soon Felt Alexander

    2016/4/29 11:13:00 104

    BHS Department StoreBankruptcyUKRetailing

    Britain's retail industry, which has already been a difficult task, has recently been a hit.

    Last year, Philip Green, the boss of BHS, a British chain store group, dropped off with an astonishing pound, but the new boss obviously overestimated her ability.

    Recently, foreign media said

    BHS department store

    The new boss, Retail Acquisitions, can not raise enough working capital for it.

    Therefore, if the bankrupt BHS is bankrupt, it will bring nearly 11 thousand jobs to the British retail industry.

    In addition, BHS had negotiated a substantial reduction in its stores at the beginning of last month.

    Selling stores

    The failure of negotiations has resulted in the failure of BHS's last move.

    However, even if he wants to connect BHS department store, he will be faced with a pension gap of 571 million and a debt pressure of over 700 million.

    Therefore, BHS can revive this time, in addition to having a plate player, and a powerful fund holder.

    Moreover, because last year's new boss failed to raise funds for BHS, at the same time, H&M, Zara and

    Primark

    The continued pressure of fast fashion brands on the retail industry also makes BHS's profits difficult.


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