Landlords approve rescue deal for Clarks as the 195-year-old shoe shop company battles for survival

Landlords of shoe brand Clarks have approved a plan which will allow the struggling chain to pay no rent on many of its stores, as part of a rescue of the 195-year-old company. Clarks said that 90 per cent of its creditors, which include landlords, have voted for its proposed company voluntary arrangement (CVA), a form … Read more