Ann Summers ponders CVA after ‘toughest year’

Ann Summers is considering a CVA

Lingerie and sex toys specialist Ann Summers is poised to launch a CVA after suffering increased losses in its latest reported year.

Ann Summers chief executive Jacqueline Gold, writing exclusively for Retail Week, set out in stark terms the options facing the retailer as some landlords refused to work in partnership despite the owning family pumping in more cash.

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