It has been revealed that Joules, the parent company of The Garden Trading Company and Joules Fashion Retailer are at risk of bankruptcy after failing to secure new investments.
It has been revealed that Joules, the parent company of The Garden Trading Company and Joules Fashion Retailer are at risk of bankruptcy after failing to secure new investments.
The furniture company saw its shares fall 90% after it said that no buyers were available to meet the deadline.
After talks between Made.com and potential bidders broke down, Made.com is now on the verge of collapse.
Another Chinese developer has defaulted, causing a fresh blow to the struggling real estate sector in China’s second-largest economy.