Second lifeline from Far East
As suggested here before, company voluntary arrangements (CVAS) in retail and hospitality are like buses – nothing, then…
The listing House of Fraser (HOF) department store chain follows the likes of New Look, Carpetright and burger chain Byron in launching a CVA next month to close under-performing stores, lay off staff and get rent reductions from its landlords.
It is the prerequisite for C.banner, the