06-10-2020 09:18 via retailgazette.co.uk

Ann Summers lurches towards CVA

// Ann Summers says a CVA is now likely but not certain as landlords continue to not budge on rental agreements
// If a CVA did go ahead, it would only apply it to stores where landlords have not agreed to turnover-based rents
// Ann Summers started talks with the British Property Federation, a move that would likely lead to the launch of a CVAAnn Summers has said that it is now likely to launch a CVA after it failed to negotiate better rental terms with some landlords.
The lingerie retailer has
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