26-04-2024 15:36 via retailgazette.co.uk

Superdry landlord seeks challenge on rescue plan

The owner of Superdry’s Oxford Street flagship store is considering a challenge to the retailer’s rescue plan that is set to impose steep reductions on landlords.
According to Sky News, asset manager M&G has engaged with lawyers from Hogan Lovells to review the ailing fashion retailer’s restructuring plan it launched earlier this month.
The move will not necessarily result in a formal legal challenge, but property industry sources did not rule out the possibility.Subscribe
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