DHL Supply Chain in talks with Debenhams over impact of CVA on distribution and warehousing

Debenhams store
 

DHL Supply Chain is in talks with long-term customer Debenhams after the retailer proposed a company voluntary arrangement (CVA). The two businesses have worked together for more than 20 years, with DHL winning a five-year, multi-million pound warehousing and distribution renewal in September 2016. However, the troubled department store chain is seeking a CVA as part of a turnaround plan. It comes after its lenders took control of the business last month via a pre-pack administration. Terry Duddy, executive chairman […]