News roundup—9th January 2009

News roundup—9th January 2009

Sofa Workshop will be forced to call in the
administrators today unless it finds a buyer, according to the
Financial Times.

The administrators of Waterford Wedgwood have signed a
letter of intent to sell the tableware manufacturer/marketer to
KPS Capital, a US fund specialising in distressed companies,
reports The Times.

The Advertising Standards Authority has warned for the second time in a year about misleading
discounts based on unsubstantiated recommended retail pricing,
according to


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