Company Voluntary Agreement

House of Fraser CVA could close up to half its stores

House of Fraser is expected to close around half of its UK stores as part of its upcoming Company Voluntary…

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Mothercare CEO takes £132k pay cut and rejoins

Mark Newton-Jones has been re-appointed as CEO of Mothercare on a salary of £480,000. The former CEO is being reinstated…

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34 Carluccio’s restaurants to close after it announces CVA

Italian restaurant chain Carluccio’s has announced it is to close 34 restaurants as part of a recently announced company voluntary…

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Carpetright to issue shares to raise £60m fund ahead of CVA

Carpetright is to launch a proposed share issue in order to raise around £60m to help fund its restructure and…

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Mothercare to shut 50 shops and restore CEO Mark Newton-Jones

Mothercare has announced as part of a Company Voluntary Agreement (CVA) it will shut 50 of its 137 stores with…

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Mothercare to speed up store closures and job cuts

Mothercare have announced they are set to speed up the closure of stores and cutting of jobs, in order to…

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Poundworld suspends CVA as US owners receive expressions of interest

TPG Capital, the US owner of Poundworld, has delayed plans of a potential Company Voluntary Agreement (CVA) for the discount…

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The death of the UK high street

The high street as we know it is dead. Boring stores are dead. Or if they are not dead yet,…

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House of Fraser CVA prompts closures amid 51% sale

House of Fraser has confirmed the sale of a 51% stake in its group, which may lead to the closure…

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Store closure fears loom as House of Fraser appoints advisors

House of Fraser has appointed KPMG to advise the company on a restructuring plan, raising speculation that a number of…

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