Tag : Debenhams
Mike Ashley’s Sports Direct International is attempting a legal challenge to Debenhams’ restructuring proposal, which was approved by creditors earlier this month.
Debenhams’ company voluntary arrangement (CVA) will heavily impact the public purse as “tightly stretched” local authorities across the UK will lose out on millions of pounds in business rates, real estate firm Colliers International has warned.
Debenhams CVA vote result revealed Subscription
Debenhams creditors have approved the department store’s company voluntary arrangement (CVA) proposals, paving the way for 22 store closures.
Debenhams fails to secure 'acceptable' bids Subscription
The Debenhams sale process has failed to secure a bid “at the level required to be taken forward”, after the ailing department store chain entered administration on 9 April.
Ashley expected to vote down Debenhams CVASubscription
Sports Direct owner Mike Ashley is expected to vote against Debenhams company voluntary arrangement in the crucial vote later today.
Debenhams sourcing director to exitSubscription
Debenhams sourcing director Richard Jones is leaving, Drapers can reveal.
Small landlords to be hit by Debenhams CVASubscription
Debenhams will ask small landlords and councils to slash rents and business rates if the struggling department store chain’s creditors approve its proposed company voluntary arrangement (CVA) this week.
Landlords are likely to set a precedent with a hardball approach to Arcadia’s expected company voluntary arrangement (CVA), as they grow increasingly frustrated with retail restructurings, property sources have told Drapers.
Sports Direct faces scrutiny from regulatorsSubscription
Sports Direct is facing scrutiny from two regulators over its accounts and compliance with rules on inside information, it has been reported.
High street braced for surge of CVAsSubscription
High streets across the UK are preparing for a wave of store closures, as an onslaught of retail company voluntary arrangements (CVAs) looms.