Administration

Arcadia creditors approve CVA proposals

Retail group Arcadia, has announced that all seven of its company voluntary arrangements (CVAs) have today been approved by the…

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Select CVA secures 87% creditor approval

Proposals for the Company Voluntary Arrangement (CVA) for high street fashion retailer Select has been approved by 87% of its…

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Sports Direct challenges Debenhams CVA

Department store Debenhams has confirmed Sports Direct is among the parties which have sent applications to challenge its CVA which…

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Philip Green reaches agreement with pensions regulator

Arcadia owner Philip Green has reached an agreement with The Pensions Regulator in order to aid the restructure of the…

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Karen Millen owner mulls sale

Icelandic bank Kaupthing, which owns fashion retailer Karen Millen, has reportedly drawn in Deloitte to explore the sale of the…

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Retail landlords must stay focused in the face of CVAs

Recently announcing its restructuring plans, Debenhams has joined a long line of casualties for the UK High Street. With the…

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The state of the UK high street in 2019

We may only be in the first half of the 2019 but there has already been a continuation of 2018’s…

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Debenhams CVA could cost local authorities £8.5m in business rates

Colliers International has estimated that Debenhams’ CVA could affect up to 59 local authorities, who could lose out on £8.5m…

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Mike Ashley plans to invest millions to revamp House of Fraser

Mike Ashely has revealed he plans to pledge hundreds of millions of pounds into relaunching House of Fraser in return…

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Select officially enters administration

Embattled retailer Select has officially entered administration, placing 1,800 jobs at risk. Business advisory firm Quantuma has been appointed as…

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