Poundland has come under fire from the Advertising Standards Authority (ASA) following a sexualised Twitter campaign.
Steinhoff is enduring fresh crisis after it had its credit insurance cancelled or reduced and credit facilities suspended.
Steinhoff's shares have bounced back slightly after it appointed a new CEO in the wake of two bosses suddenly resigning.
Poundland employees have been sent a memo assuring them the business is doing well despite Steinhoff's accounting scandal.
The embattled retail group Steinhoff has been dealt another major blow as its interim boss and chairman Christo Wiese quits.
The financial scandal surrounding Steinhoff has grown as it reveals that it must restate its 2016 financial statements.
The former Steinhoff chief executive Marcus Joost has issued and apology stating he “made some big mistakes”.
Steinhoff’s accounting scandal has now seen its share prices drop 88 per cent forcing the retail giant to shore up debt.
Poundworld CEO Gerry Gray has stepped down after less than two years in the role.
Steinhoff has seen its shares plummet 66 per cent as its CEO resigned with immediate effect amid an accounting scandal.