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Tag : CVA

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  • 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. 

  • Topshop store

    Arcadia at a Christmas crossroads Subscription

    News11 December 2019

    As Topshop CEO Paul Price resigns, and ahead of a slew of lease breaks and the Christmas deadline for the £310m loan repayment on its Topshop London flagship, the future of Arcadia Group looks as uncertain as ever 

  • topshop

    Arcadia close to deal with US landlordsSubscription

    News19 August 2019

    Sir Philip Green is reported to be close to a resolution of the legal challenges brought against his Arcadia Group’s company voluntary arrangement by two US landlords.  

  • Topshop strand

    Arcadia reveals stores to close under CVASubscription

    News22 May 2019

    Arcadia Group has proposed seven company voluntary arrangements (CVAs) across its companies, which if approved would result in 23 UK store closures and the closure of all eleven Topshop Topman stores in the US.

  • 3084529 topshop

    Arcadia to 'separate' brands amid future sale rumoursSubscription

    News2 September 2019

    Sir Philip Green is reportedly splitting up Arcadia Group into separate brands in the hope of selling them “over time”.

  • Beales in Bournemouth

    Beales CVA gains 93% approvalSubscription

    News24 March 2016

    Beales’ creditors have voted in favour of the department store group’s company voluntary arrangement (CVA) today, just a day after BHS also gained approval for its CVA proposals.

  • Darren Topp, BHS

    BHS boss solicits creditor support for CVASubscription

    News17 March 2016

    BHS chief executive Darren Topp has pleaded with suppliers and landlords to support the firm’s proposed company voluntary arrangement (CVA) ahead of the creditors’ vote next week.

  • BHS

    BHS landlord pours cold water on rent demandsSubscription

    News15 March 2016

    Hermes Investment Management, a landlord of two BHS stores, has expressed concerns about the terms of the retailer’s proposed company voluntary arrangement (CVA).

  • BHS

    BHS seeks cheaper rents as turnaround continuesSubscription

    News8 February 2016

    BHS has hired financial services firm KPMG to help cut its rent bill on more than 30 “problem” stores as part of its turnaround plan.

  • The retailer has lost its way in the past few years

    BHS suppliers flag concerns over proposed CVA Subscription

    News16 March 2016

    Some BHS suppliers have voiced concern over the retailer’s proposed company voluntary arrangement (CVA) ahead of the creditors’ vote next week.

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