A £150,000 investigation has been launched into why IRG (Old) WWR – formerly Gino D’Acampo Worldwide Restaurants Ltd – ended up owing millions after being declared solvent in April 2022.
You should keep your expectations low from the flooring specialist, at least in the near term.
Lumber Liquidators Holdings Inc (NYSE:LL), a specialty retail company based in United States, received a lot of attention from a substantial price movement on the NYSE in the over theRead More…
The CEO’s ‘unexpected’ resignation is the latest blow to struggling retailer Lumber Liquidators
Home improvement retailer Lumber Liquidators is halting sales of all its Chinese laminate flooring effective immediately, CNBC has learned. The move comes in the face of dozens of lawsuits over the safety …
The short seller who sparked allegations that Lumber Liquidators Holdings Inc. sold Chinese-made flooring with toxic levels of formaldehyde is now accusing Lowe’s Cos. of similar misdeeds. “New evidence has come to my attention that Lumber Liquidators may not have been the lone violator when it comes to laminate floor sourcing,” Xuhua Zhou said in […]
A U.S. home improvement association and several individual contractors said on Friday they would recommend customers avoid Lumber Liquidators Holdings Inc (LL.N), highlighting the widening fallout from allegations about the safety of its flooring. The National Association of the Remodeling Industry, which represents 6,500 small-to mid-sized home improvement companies, will encourage members to refrain from […]
(Bloomberg) — Lumber Liquidators Holdings Inc. shares plunged as much as 26 percent after a “60 Minutes” report accused the company of selling Chinese-made flooring with illegal levels of formaldehyde. …