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Clarks CVA gets the green light

2020-11-20 17:36:00| Daily apparel & textile news and comment - from just-style.com

UK footwear chain Clarks says its company voluntary arrangement (CVA) has been approved by the required majority of its unsecured creditors.

Tags: light green clarks cva

 

Clarks mulls 50-store closure as part of new CVA?

2020-10-07 14:18:00| Daily apparel & textile news and comment - from just-style.com

UK footwear chain Clarks is reportedly planning the closure of 50 stores as part of a company voluntary arrangement (CVA), a move analysts believe is "long overdue".

Tags: part closure clarks mulls

 
 

New Look CVA gets the green light

2020-09-15 17:12:19| Daily apparel & textile news and comment - from just-style.com

New Look has announced its company voluntary arrangement (CVA) has been approved by the requisite majority of its unsecured creditors.

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New Look launches sale process as it prepares CVA

2020-08-14 13:07:00| Daily apparel & textile news and comment - from just-style.com

UK fashion retailer New Look is seeking a buyer and is preparing to launch another company voluntary agreement (CVA) as it tries to restructure its business.

Tags: process sale launches prepares

 

Debenhams asks landlords 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

 

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