10-08-2020 16:57 via retailgazette.co.uk

New Look prepares to launch CVA

// New Look plans to launch CVA as part of restructuring
// The retailer will ask landlords at more than 450 stores to accept new lease contracts
// It has over 10,000 staff in the UKNew Look is reportedly preparing to launch a second CVA as as part of a major restructuring.
The fashion retailer is expected to appoint advisers from Deloitte this week to oversee the insolvency process, Mail on Sunday reported.
New Look, which has more than 10,000 staff, will ask landlords at more than 450 st
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