Mothercare subsidiary fails to win CVA sign-off


Mothercare has suspended part of its CVA plan today after it was revealed creditors did not approve proposals for the retailer’s subsidiary Children’s World.

On Friday creditors voted to approve Mothercare’s restructuring plan, which will see it close up to 50 stores, but failed to reach the necessary 75% support for the Children’s World CVA. 

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now