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Menswear Chain Moss Bros Launches CVA to Restructure Balance Sheet

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Men’s retailer Moss Bros is the latest to go the route of a company voluntary arrangement to conduct a financial restructuring in the wake of an ongoing coronavirus pandemic. The arrangement, or CVA, allows companies to work out deals with landlords and other creditors. It’s a move that helps companies avoid slipping into administration, an…

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