All Saints Retail Ltd and its subsidiary AllSaints USA Ltd have received backing from 93 per cent of their creditors for its CVA proposals.
“I would like to express my sincere gratitude to our teams, suppliers and other partners around the world for their overwhelming support during this process. We are also delighted that the majority of our landlords across the UK, EU, US and Canada voted in favour of our proposals,” said AllSaints CEO Peter Wood. “The decision to launch the CVA was not taken lightly, and this successful outcome will be instrumental in helping us to ensure the long-term viability of AllSaints.”
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