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Tag : CVA

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  • Blue Inc Portadown

    Blue Inc discloses ongoing losses after CVA approvalSubscription

    News5 April 2018

    Soaring administration costs dragged troubled fashion retailer Blue Inc to a £2.6m loss despite the firm almost doubling revenues to £50m, its latest figures reveal.

  • select fashion screenshot

    Select parent files for CVASubscription

    News27 March 2018

    Genus UK, which owns fashion chain Select, has appointed business advisory firm Quantuma to advise on proposals for a company voluntary arrangement (CVA).

  • New Look Men at the Trafford Centre

    New Look in spotlight as property sources criticise CVASubscription

    News23 March 2018

    Property industry insiders have questioned how effective New Look’s company voluntary arrangement will be at turning the business around, as some raised concerns over the retailer’s debt.

  • New look

    New Look CVA secures 98% creditor approvalSubscription

    News21 March 2018

    New Look’s company voluntary arrangement (CVA) has been given the green light by 98% of its creditors and landlords, resulting in 60 store closes and nearly 1,000 job cuts.

  • New Look Trafford 1

    New Look CVA ‘does not go far enough’, say observersSubscription

    News9 March 2018

    New Look’s proposal to close up to 60 UK stores through a company voluntary arrangement is “long awaited”, but does not go far enough to cut costs at the struggling retailer, industry experts have said.

  • New look mens trafford centre

    New Look landlords braced for closures Subscription

    News26 February 2018

    New Look has reportedly written to landlords to say its finance director Richard Collyer would be seeking meetings to discuss possible store closures and rent reductions.

  • Share burden: retailer says landlords will suffer if it is forced to close stores

    Store Twenty One struggling to meet rent termsSubscription

    News27 March 2017

    Value fashion retailer Store Twenty One is in talks with its lenders as it is struggling to meet rent payments.

  • Blue Inc

    Landlord concerns over Blue Inc CVA Subscription

    News13 March 2017

    Blue Inc landlords have raised concerns over the future of the business after it filed for a company voluntary arrangement (CVA) last week.

  • Blue Inc Portadown

    Blue Inc files for CVASubscription

    News10 March 2017

    Blue Inc has filed for a company voluntary arrangement (CVA), allowing it to shut unprofitable stores and reduce rents just over a year after going through a pre-pack administration.

  • Share burden: retailer says landlords will suffer if it is forced to close stores

    Store Twenty One to close chunk of stores as CVA is approvedSubscription

    News18 July 2016

    Value fashion retailer Store Twenty One is looking to close 82 stores after creditors voted in favour of its company voluntary arrangement (CVA), Drapers understands. 

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