Arcadia avoids collapse as landlords back rescue plan

Business
Arcadia avoids collapse as landlords back rescue plan. 13/6/2019. Sir Philip Green’s fashion empire lives to fight another day after it secured backing for its restructuring plan. Arcadia managed to convince more than three-quarters of its unsecured creditors – made
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Update on retail CVAs

Business
Update on retail CVAs 12th June 2019. Today we have seen updates on 3 of the recent retail CVAs. Intu deals blow to Arcadia hopes Shopping centre owner Intu is planning to vote against Sir Philip Green’s revised proposals to
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Green in final attempt to save Arcadia as retail industry suffers yet more woe

Business
Green in final attempt to save Arcadia. 10/06/19. Arcadia Group owner Sir Philip Green has offered to provide landlords an additional £30m in funding to lessen the impact of proposed rent reductions, after failing to secure support for a CVA
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UPDATE: Monsoon holds back rescue plan

Business
UPDATE: Monsoon holds back rescue plan 7/6/19 Peter Simon, the owner of the Monsoon and Accessorize retail chains, has delayed plans for a CVA after landlords failed to back a similar plan for Arcadia. The CVA, led the by Deloitte,
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Arcadia postpones CVA vote

Business
Arcadia postpones CVA vote. 7th June 2019. Arcadia Group and its advisors at Deloitte have postponed a meeting of suppliers, landlords and other creditors voting on seven CVAs until 12 June, amid reports that landlords at Aviva, M&G and Intu
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