Office Retailer Considers CVA Amidst Debt Repayment Struggles
Lead: Struggling footwear retailer Office has appointed advisers to explore potential restructuring options, including a possible Company Voluntary Agreement...
CVA
Pensions Regulator Boss Faces Inquiry Over Arcadia Deal Amidst £350m Pension Deficit
TPR boss Charles Counsell faces questions over Arcadia's £25m annual pension deal with Philip Green. Last month, Green agreed...
Monsoon Accessorize Proposes CVA for Reduced Rents and Profit Share
Monsoon Accessorize has proposed a Company Voluntary Arrangement (CVA) to its landlords, seeking reduced rents at over half of...
Sports Direct Challenges Debenhams’ CVA Amidst Pre-Pack Administration
Debenhams confirms Sports Direct's application to challenge its CVA, voted through by creditors on May 9th. The department store...
Arcadia Adjusts CVA Terms Amid Landlord Disputes and Pension Fund Deal
In a bid to save its struggling retail business, Arcadia has revised rental reductions in its Company Voluntary Agreement...
Monsoon Accessorize Delays CVA Amid Landlord Rejections
Monsoon Accessorize has delayed its company voluntary agreement due to landlords rejecting Arcadia's restructuring plans. The proposed rent cuts...
Monsoon Accessorize Landlords Propose Equity Stake for CVA Support
In a surprising turn of events, landlords of fashion retailer Monsoon Accessorize are seeking an equity stake in the...
Debenhams’ CVA: £8.5m Loss for Local Authorities in Business Rates
Debenhams's Company Voluntary Arrangement (CVA) could cost up to 59 local authorities £8.5 million in lost revenue, as the...
HSBC Steps In To Support Arcadia Amidst Restructuring Plans And Pension Fund Changes
In a bid to reassure suppliers, Arcadia, owned by Sir Philip Green, has secured help from HSBC as the...
Monsoon Accessorize Considers Closing Dozens of Stores Amidst Tough UK Retail Environment
Women's clothing retailer Monsoon Accessorize is reportedly preparing for a Company Voluntary Arrangement (CVA) that could lead to closing...