08-09-2020 10:02 via retailgazette.co.uk

New Look on edge as it seeks large landlords’ support on CVA proposals

// New Look will need to convince at least 10 landlord creditors to support its CVA
// The CVA vote deadline is set for September 15New Look is reportedly seeking to persuade at least 10 of its 20 largest landlord creditors to support its CVA.
The fast fashion retailer will need to convince half of the largest institutional landlords and shopping centre operators to back the proposals, or it risks collapse, Retail Week reported.
British Land, M&G, The Crown Estate, Hammerson, Aberdeen Standa
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