As for the name, the Virgin brand has a get out clause,to preserve its shine, for instance, if a business using its brand were to go under, it will do so using a different name. Just check out previous ventures that used the big name and how they were re-branded prior to the big news.
Whatever... there was no rebranding what so ever..
Virgin Brides
Virgin Cars
Virgin Digital
Virgin Megastores
Just to name a few "Virgin" companies that went under or were closed down bearing their "Virgin" names...