Sale agreed for Arcadia Daventry distribution centre
The Joint Administrators to the Arcadia Group Ltd and various subsidiaries have agreed the sale of the Daventry Distribution Centre...
Administrations/Restructuring/CVAs
Arcadia’s HQ assets sold off
More Arcadia Group assets – including furniture, tech and equipment from its former London HQ, have been auctioned off by...
Jessops considers another CVA
Jessops is said to be considering entering into a CVA to protect the multi-channel business, after hiring insolvency advisors FRP...
New Look and landlords in the High Court today
High Street retailer New Look will be in High Court today, hearing the case against its CVA deal. It’s understood...
Game over for Debenhams
Debenhams has been described as a "rudderless ship" drifting in an ocean of insolvency by Judge Daniel Schaffer as he...
Paperchase close to administration
Retail stationery and gifts business Paperchase which entered into a CVA in 2019, has advised that it is set to...
Ann Summers creditors approve CVA
Ann Summers has confirmed that 90 per cent of its creditors have approved its proposed CVA. As a result, 25...
Clarks shareholders approve £100m rescue deal
The shareholders of Clarks have approved a deal with LionRock Capital for it to acquire a majority stake in the...
Creditors approve Moss Bros CVA proposal
The creditors of menswear retailer Moss Bros have approved the proposed CVA put forward by the business in November. The...
Debenhams claimed £40m under furlough scheme
Debenhams has reportedly claimed £40.5m of taxpayers’ money through the furlough scheme after it fell into administration. The retailer had...