Tag : pre-pack administrations
Sports Direct has called Debenhams’ pre-pack administration a “national scandal”, and called for the process to be reversed in favour of a “full, better and appropriate solvent solution”.
Landlords brace for possibility of Debenhams CVA Subscription
Landlords are readying themselves for a possible company voluntary arrangement (CVA) from Debenhams as the department store continues talks with property owners.
Sports Direct buys Evans CyclesSubscription
Sports Direct has bought Evans Cycles through a pre-pack administration for an undisclosed amount.
Following the pre-pack administration purchase of Coast by Karen Millen this week, Drapers investigates the pros and cons of the process and what, if anything, can be done to make the process more transparent.