Leiser's bankruptcy proceedings will not prevent the German retailer from going ahead with the planned opening of its largest store in Frankfurt at the end of this month
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The company voluntary agreement (CVA) of the upmarket British retailer L.K. Bennett was approved by creditors. It will result in five stores closing down and the remaining shops switching to turnover-based rents. The chain has 18 standalone stores. Among the creditors who voted against the CVA was the ...
