Clothing & ShoesCoronavirus

Allsaints creditors approve CVA

Allsaints has revealed it has received the greenlight from its creditors to go ahead with its planned CVA that will see most of its stores move to a turnover-based rent system.
The proposals, which were voted on separately by creditors in the UK and in the US, received 93% and 90% approval respectively – comfortably above the 75% required.

Check out our free weekly podcast

Back to top button