Ann Summers chief criticises landlords over high rents

Jacqueline Gold wins rent reductions on 95 of 100 stores but CVA remains an optionThe Ann Summers chief executive has accused some retail landlords of “burying their heads in the sand” by ignoring the crisis on the high street, after several refused to accept lower rents to support the chain.The sex toys and lingerie specialist has been struggling during a high street downturn. The Guardian revealed in May that it wanted to reduce its rent. Continue reading...