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Tag : CVA

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  • select birmingham

    Select creditors owed £53mSubscription

    News8 July 2019

    Fashion chain Select’s non-preferential creditors, including suppliers and landlords, are owed more than £53m, a report from administrator Quantuma has shown. 

  • Debenhams 3by2

    Debenhams CVA challenge withdrawnSubscription

    News8 July 2019

    Property investment company M&G Real Estate has withdrawn its legal challenge to Debenhams’ company voluntary arrangement, which was approved by creditors in May. 

  • Monsoon Accessorize new store format

    Monsoon Accessorize CVA vote resultSubscription

    News3 July 2019

    Monsoon Accessorize creditors have approved the retailer’s company voluntary arrangement, which asks for rent reductions of up to 65% across more than half of its stores. 

  • 4

    Topshop Beauty shifts focus Subscription

    News28 June 2019

    Topshop has had a change in direction for its beauty range, as it moves away from retail and begins to wholesale its products with etailers Very and Zalando, Drapers understands.

  • ed cooke revo

    Comment: The use of CVAs needs greater scrutinySubscription

    Comment25 June 2019

    Company voluntary arrangements must be bound by stricter rules, says Ed Cooke, chief executive of commercial property body Revo.

  • barton square courtyard view

    Intu hit hardest by Monsoon CVASubscription

    News24 June 2019

    Ailing shopping centre owner Intu faces the biggest threat from Monsoon Accessorize’s company voluntary arrangement. 

  • topshop

    American landlords question Arcadia debtSubscription

    News24 June 2019

    American landlords have questioned why Arcadia Group’s debts to certain suppliers fluctuated at the time of the second vote on the group’s company voluntary arrangement, potentially lessening landlords’ power to block it. 

  • Monsoon

    Landlords seek 30% equity in Monsoon Subscription

    News14 June 2019

    Landlords are seeking up to a 30% equity stake in Monsoon in return for backing any company voluntary arrangement (CVA) proposals, Drapers has learned.

  • Topshop topman york march 2018 shutterstock 1052904074

    Landlord face-off 'saved Arcadia jobs and pensions'Subscription

    News13 June 2019

    The tough stance taken by some Arcadia Group landlords forced owner Sir Philip Green to invest more in the business to ensure the controversial company voluntary arrangement (CVA) passed, industry experts have claimed.

  • topshopstrand

    Suppliers split on Arcadia strategySubscription

    News13 June 2019

    Although Arcadia Group suppliers agree that yesterday’s approval of its company voluntary arrangement (CVA) was a “fantastic” result, they are divided over whether product or property is the cause of the retailer’s woes.

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