creditors news and archive

Select parent company files for CVA, placing 1750 jobs at risk

London - Genus UK Ltd, parent company of fashion retailer Select, is the latest high street chain to succumb to difficult trading conditions as it files for company voluntary agreement (CVA). Genus UK announced it is seeking a CVA to cut rents among its 183 UK store portfolio, after appointing business advisory firm Quantuma to advise on its CVA...