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Menswear Chain Moss Bros Launches CVA to Restructure Balance Sheet

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

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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