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Former Cath Kidston owner Hilco joins running for Poundland

Hilco Capital has reportedly joined the race for British budget retailer Poundland. The investing firm, which most recently acquired Lakeland, is said to be mulling a bid for the chain store alongside Alteri Investors and turnaround firm Endless. Modella Capital, which is overseeing the ongoing restructuring of The Original Factory Shop, is also...

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Business

Superdry secures 25 million pounds from Hilco

Fashion retailer Superdry has secured a secondary lending facility of 25 million pounds from retail financing specialists Hilco Capital to help accelerate the implementation of its turnaround plan and cost reduction programme. The facility with Hilco, which has provided loan facilities to large retailers, over the past 24 months, including...

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