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Debenhams asks for rent cuts amid fears of second CVA

2020-03-23 13:13:00| Daily apparel & textile news and comment - from just-style.com

UK department store retailer Debenhams could launch its second CVA in less than a year after it wrote to landlords last week asking for a rent holiday and longer-term reductions as it seeks to manage its operations amid pressures stemming from the Covid-19 outbreak.

Tags: second rent cuts asks

 

Debenhams' CVA challenge rejected by courts

2020-03-11 12:33:00| Daily apparel & textile news and comment - from just-style.com

Debenhams says a company voluntary arrangement (CVA) challenge process, which began last year, has now come to an end and the retailer can proceed with its debt restructuring and continue its recovery.

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Monsoon Accessorize creditors approve CVA proposals

2019-07-03 17:11:00| Daily apparel & textile news and comment - from just-style.com

Creditors of UK-based fashion and accessories retailer Monsoon Accessorize Limited and Accessorize Limited have approved its company voluntary arrangement (CVA) proposals.

Tags: proposals approve creditors monsoon

 

Monsoon Accessorize latest to launch CVA proposal

2019-06-21 16:26:00| Daily apparel & textile news and comment - from just-style.com

UK-based fashion and accessories retailer Monsoon Accessorize has become the latest to launch a company voluntary agreement (CVA) to restructure its business.

Tags: latest launch proposal monsoon

 

Arcadia Group avoids collapse as CVA gets green light

2019-06-13 14:06:00| Daily apparel & textile news and comment - from just-style.com

Arcadia Group has avoided falling into administration after its creditors approved all seven of its Company Voluntary Arrangements (CVAs) - in a move that puts its 1,800 workers and extensive supplier base "on a much firmer footing."

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