Tag : CVA
Sir Philip Green is reportedly splitting up Arcadia Group into separate brands in the hope of selling them “over time”.
Debenhams prepares for legal battleSubscription
Debenhams has reportedly lined up professional services firm Deloitte over fears that it may lose its legal battle relating to its restructuring plan, which launches today.
Two US landlords, Vornado and Caruso, have withdrawn their legal challenges against Arcadia Group’s company voluntary arrangements.
Arcadia close to deal with US landlordsSubscription
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.
New Look: half a century in fast fashionSubscription
50 years in business
Sports Direct drops Debenhams CVA challengeSubscription
Sports Direct has dropped its challenge against Debenhams’ company voluntary arrangement, but will continue to fund that of property agent Combined Property Control Group (CPC).
Select creditors owed £53mSubscription
Fashion chain Select’s non-preferential creditors, including suppliers and landlords, are owed more than £53m, a report from administrator Quantuma has shown.
Debenhams CVA challenge withdrawnSubscription
Property investment company M&G Real Estate has withdrawn its legal challenge to Debenhams’ company voluntary arrangement, which was approved by creditors in May.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 CVA vote resultSubscription
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.
Topshop Beauty shifts focus Subscription
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.