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Tag : CVA

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  • 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. 

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

    Store Twenty One appoints AlixPartners for CVASubscription

    News28 June 2016

    AlixPartners has been appointed nominees for a company voluntary arrangement (CVA) for Grabal Alok, which trades as Store Twenty One.

  • Austin Reed

    Lifestyle retailers circle Austin Reed’s market town portfolioSubscription

    News3 May 2016

    The future of Austin Reed, CC and Viyella remains uncertain as administrators assess initial offers for the whole business, while a raft of retailers circle stores from its “strong” portfolio in predominantly affluent market towns.

  • Austin Reed store London

    'Tough times ahead' for Austin Reed GroupSubscription

    News19 April 2016

    Alteri Investor’s acquisition of Austin Reed Group late last Friday will provide a temporary respite for the business, but the turnaround will be tough and womenswear may not be central to its future proposition, sources have told Drapers.

  • BHS

    CVAs: A mutually beneficial arrangement?Subscription

    Features4 April 2016

    Company voluntary arrangements (CVAs) can save jobs in the short term, but some argue they present creditors with an unfair ultimatum and are often doomed to fail. Drapers looks at the arguments for and against going down this controversial route.

  • 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’s Darren Topp: ‘Tomorrow the work starts in earnest’Subscription

    News23 March 2016

    BHS has secured its short-term future after creditors voted in favour of its company voluntary arrangement (CVA) for BHS Ltd, one of two companies within the group that comprises 125 of its stores.

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