Office latest high street retailer to mull CVA

Office crop

Office is considering launching a CVA as part of a restructuring process which is expected to take place over the next few weeks.

The shoe retailer has appointed Alvarez & Marsal to restructure the business, Sky News reported.

The CVA is not yet set in stone as the footwear retailer could explore other restructuring options. It has more than 160 stores worldwide in the UK, Ireland and Germany and concessions in Topshop stores in New York, Las Vegas and Chicago. It is unknown if the CVA will affect international operations.

If Office did decide to pursue a CVA, it would make the retailer the latest in a long line of high street retailers to explore the option.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.