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Wiggle and Chain Reaction facing insolvency after financial woes

Email tells partners of intention to file for insolvency as parent company suffers “severe liquidity and profitability challenges”

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Wiggle Chain Reaction owner woes continue following unjustified withdrawal of €150m funding commitment by parent company

The latest financial blow, which increases the uncertainty surrounding Signa Sports United’s future, comes a week after the e-commerce giant delisted its shares amid “severe liquidity and profitability challenges”

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Who could replace Sharon White as the next John Lewis Partnership chair?

Who could replace Sharon White as the next John Lewis Partnership chair?
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Brexit, Covid, and economic uncertainty blamed as Wiggle Chain Reaction Cycles records £97 million loss

Overall revenue for the group, which was bought by German retailer Signa Sports United in 2021, also fell by 30 percent to £252 million

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