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Tag : CVA

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  • Mothercare

    Mothercare launches CVA as Newton-Jones returnsSubscription

    News17 May 2018

    Former Mothercare CEO Mark Newton-Jones is set to return to the retailer, as it announced the closure of 50 stores as part of a company voluntary arrangement (CVA).

  • Closing down Sales

    Industry calls on government to help the high streetSubscription

    News16 May 2018

    Retailers have reiterated calls for government intervention to help the high street amid concerns regional towns will be left reeling from a wave of store closures.

  • New Look Trafford 1

    New Look landlords take a stand on rent cutsSubscription

    News15 May 2018

    Landlords of several New Look stores are refusing to reduce rent payments as part of the retailer’s company voluntary arrangement (CVA) in favour of getting new tenants in, Drapers has learned.

  • Jacques Vert spring 16

    What caused Calvetron's collapse? Subscription

    Comment10 May 2018

    Drapers investigates why Calvetron Brands went into administration for a second time.

  • HOF WW

    HoF CVA ‘inevitable’, say industry sources Subscription

    News2 May 2018

    Retailers, landlords and industry observers have said House of Fraser’s planned company voluntary arrangement (CVA) was “inevitable”, but warned the department store chain needs “serious investment” if it is to turn around successfully.

  • New look spring 18 (5)

    Exclusive: HSBC withdraws credit protection cover for New Look suppliersSubscription

    News17 April 2018

    HSBC has withdrawn credit protection cover for some suppliers of embattled fashion retailer New Look, Drapers understands.

  • select screenshot

    Select creditors point to 'warning signs' for high streetSubscription

    News16 April 2018

    Creditors to Select have expressed growing concern about the future of the high street, after the majority approved the value womenswear chain’s company voluntary arrangement (CVA) last week.

  • New look mens trafford centre

    Will the high street suffer a CVA domino effect?Subscription

    Features13 April 2018

    Following company voluntary arrangements from New Look and Select, and rumours that Mothercare will be next, Drapers asks whether there will be a ripple effect on the high street.

  • select fashion screenshot

    Select CVA vote outcome revealedSubscription

    News13 April 2018

    Select’s company voluntary arrangement (CVA) has been approved by its creditors, resulting in rent cuts of up to 75% for its landlords.

  • Mothercare Little Bird by Jools Oliver

    Mothercare mulls store closures Subscription

    News9 April 2018

    Ailing retailer Mothercare is said to be considering store closures and seeking rent reductions as it battles challenging trading conditions.

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