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Tag : CVA

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  • 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.

  • 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.

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