Business
Austin Reed to shut down 31 stores with CVA turnaround plan
The Austin Reed Group, parent company of Austin Reed, CC and Viyella is set to shut down 31 stores and receive a 3 million pound cash injection from its shareholders through a Company Voluntary arrangement (CVA). The group stated that 22 CC, previously known as Country Casuals stores, and 9 Austin Reed stores were 'no longer viable' after a...
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