07-08-2020 08:21 via retailgazette.co.uk

Stores at risk as Jigsaw prepares to launch CVA

// Jigsaw prepares to launch CVA
// KPMG advisors were hired last month to negotiate rentsJigsaw is reportedly preparing to launch a CVA next week, which could lead to the closure of a raft of stores.
The fashion retailer, which employs around 900 people, drafted in advisors from KPMG last month to look at rent negotiations with landlords.
Cavendish Corporate Finance was also hired to seek a new external investor or to look at a potential sale process.READ MORE:Stores at risk as Jigsaw calls in
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