Liam Gallagher's clothing brand Pretty Green has called in advisers as it struggles with the challenges facing the UK's high street.
The clothing label has appointed Moorfields Advisory to review a range of options, just months after it took a hit from the collapse of House of Fraser.
Pretty Green has 12 stores across the UK including in Glasgow and sold at concessions in several House of Fraser department stores, as well as online.
Singer Mr Gallagher is its largest shareholder.
In August it was left out of pocket from the administration of House of Fraser, becoming one of hundreds of suppliers to lose money in the chain's collapse.
READ MORE: Chef Mark Greenaway reveals new Edinburgh venture
The retailer had debts of close to £1 billion when it went under.
Advisers from Moorfields said in a statement that Pretty Green, which is named after a song by The Jam, had also been affected by the weaker retail environment.
"Pretty Green is not immune to the challenges facing the UK high street as customers migrate from purchasing in store to online," a spokeswoman said.
"The growing overall demand for the brand, coupled with a strong online customer base, position the company well to navigate these changes and we are therefore considering all options."
The company's turnover jumped to £38.2 million in the 16 months to January 2018.
Pre-tax losses narrowed to £1.5m from a £5.6m loss.
Outsourcer Serco has won a 200 million US dollar (£153.1 million) contract to provide support to field workers for a US government pension agency.
As part of the contract, Serco will help field officers of the Pension Benefit Guaranty Corporation (PBGC) manage documents and records, build databases and administer benefits.
PBGC protects the retirement incomes of nearly 37 million Americans in private sector defined benefit pension plans and is responsible for the benefits of about 1.5 million people in failed pension schemes.
READ MORE: Debenhams shares spike on Mike Ashley's attempted coup
Serco's chief Rupert Soames said the contract strengthens Serco's "citizen services capabilities in the US and internationally".
GlaxoSmithKline said positive results from clinical trials could see HIV patients take monthly treatments instead of daily dosages.
Two clinical trials revealed that a once a month, two-drug treatment was just as effective as a daily, three drug regimen.
If approved, the monthly treatment could alleviate the burden on HIV patients.
The studies were carried out on drugs developed by GSK's subsidiary ViiV Healthcare and Janssen Pharmaceutical Companies of pharmaceutical giant Johnson & Johnson.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article