11-08-2020 09:45 via retailgazette.co.uk

Select plans 3rd CVA in as many years

// Select reportedly looking to launch yet another CVA
// It would be its 3rd CVA since 2018
// Select is expected to submit the CVA proposals for a vote this monthSelect is reportedly planning the launch of a third CVA in as many years to slash rent amid the coronavirus pandemic.
According to The Telegraph, the fashion retailer is working with advisors from Howard Kennedy to secure rent cuts, after it reportedly failed to pay rent since Covid-19 struck.
If the CVA eventuates, it would be t
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