The owner of Superdry’s Oxford Street flagship store is considering a challenge to the retailer’s rescue plan that is set to impose steep reductions on landlords.
According to Sky News, asset manager M&G has engaged with lawyers from Hogan Lovells to review the ailing fashion retailer’s restructuring plan it launched earlier this month.
The move will not necessarily result in a formal legal challenge, but property industry sources did not rule out the possibility.Subscribe