21-07-2026 09:26 via retailgazette.co.uk

Hobbycraft exits CVA early as online demand surges

Hobbycraft has completed its company voluntary arrangement (CVA) ahead of schedule as growth in model making and crochet helped fuel a rise in online shoppers.
The arts and crafts retailer has emerged from the 13-month restructuring programme launched in May 2025, which it said had placed the business on stronger foundations for future growth.
Hobbycraft reported a 13 per cent increase in active online users during the period, alongside a 10 per cent rise in new website users compared with the p
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