Tag Archives: CVA. store closures

Debenhams announces CVA plan to restructure store portfolio

Debenhams announced today (Friday April 26) details of two proposed Company Voluntary Arrangements (CVA): one relating to Debenhams Retail Limited, the main trading entity (69 stores); and one relating to Debenhams Properties Limited (99 stores). A CVA is a legal process that allows a company to reach a compromise or …

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