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Tag : company voluntary arrangements

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  • Topshop aw19

    Arcadia to axe 170 head office jobsSubscription

    News14 June 2019

    Arcadia is to cut 170 head office roles as Sir Philip Green battles to turn around its fortunes.

  • Monsoon 1071170

    Monsoon landlords demand equity stakeSubscription

    News31 May 2019

    Four property companies have reportedly demanded an equity stake in Monsoon Accessorize in return for supporting a company voluntary arrangement (CVA).

  • debenhams canterbury

    High street braced for surge of CVAsSubscription

    News30 April 2019

    High streets across the UK are preparing for a wave of store closures, as an onslaught of retail company voluntary arrangements (CVAs) looms.

  • Intu merryhill

    Shopping centres in crisis over rentsSubscription

    News26 November 2018

    Shopping centres, already hit by declining footfall and changing consumer habits, are facing further challenges as “unprecedented deals” are being made on rents.

  • New Look Trafford 1

    New Look increases UK store closuresSubscription

    News6 November 2018

    New Look has confirmed it has closed or will close 85 UK stores, an increase on the 60 planned closures outlined in its company voluntary arrangement (CVA).

  • High street web shutterstock 378799936

    Retailers using CVAs to lower business ratesSubscription

    News30 July 2018

    Struggling retailers are turning to Company Voluntary Arrangements (CVAs) in order to lessen the strain of business rates.

  • hof

    House of Fraser CVA: suppliers relieved while landlords fumeSubscription

    News22 June 2018

    The retail industry expressed a mix of emotions following the approval of House of Fraser’s company voluntary arrangement (CVA) today (22 June). Many suppliers breathed a sigh of relief, but some landlords are understood to be considering legal action against the department store chain.

  • HOF MS

    HoF alters ownership structure ahead of CVA voteSubscription

    News22 June 2018

    House of Fraser has altered the ownership structure of one of the two companies facing a company voluntary arrangement (CVA) vote today (22 June). 

  • high street oxford street

    'Pushback coming' from UK's high street suppliersSubscription

    News19 June 2018

    Administrations, company voluntary arrangements (CVAs), credit insurance cuts and factories demanding upfront payments are all putting unbearable pressure on suppliers in an already-stretched market, industry sources have told Drapers.

  • alex williamson house of fraser

    House of Fraser CEO: there was ‘no alternative to CVA’Subscription

    News7 June 2018

    House of Fraser chief executive Alex Williamson said making the “brutal and grim” decision to launch a company voluntary arrangement (CVA) was the only way the struggling retailer could fight for survival.

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