Allen & Overy (A&O), Hogan Lovells and DLA Piper have all picked up roles in relation to the latest problems on the high street – acting on the administration of Peacocks and associated sale of Bonmarche.

A&O is advising collapsed fashion chain Peacocks, where administrators KPMG last week (19 January) announced 249 redundancies in the retailer’s Cardiff HQ, leaving 266 head office staff working with administrators while a buyer is sought.