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Menswear Chain Moss Bros Launches CVA to Restructure Balance Sheet

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

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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