Creditors approve Hotter CVA proposal

Creditors approve Hotter CVA proposal

Will Wright, comments on the Creditors approve Hotter CVA proposal.


Also on

The creditors of Beaconsfield Footwear Limited have approved the proposed company voluntary arrangement (CVA) put forward by the business on 9 July 2020.

Will Wright, partner at KPMG and joint supervisor of the CVA commented: “The approval of the CVA is an important milestone in Hotter’s wider turnaround plan, enabling the business to move forward with a focus on its core online and direct order operations.”

The vote saw more than 99% of all voting creditors - and importantly, an overwhelming majority of landlords - choosing to approve the CVA, surpassing the 75% total required in order to pass the resolution.


For further information, please contact:

Katy Broomhead, Senior PR Manager

Tel: 0161 264 4623 / 07824 537963


KPMG Press Office: 020 7694 8773

About KPMG

KPMG LLP, a UK limited liability partnership, operates from 21 offices across the UK with approximately 17,600 partners and staff.  The UK firm recorded a revenue of £2.40 billion in the year ended 30 September 2019. KPMG is a global network of professional firms providing Audit, Tax, Legal and Advisory services. It operates in 154 countries and has 200,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.  Each KPMG firm is a legally distinct and separate entity and describes itself as such.

© 2021 KPMG LLP a UK limited liability partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organisation please visit

Connect with us


Want to do business with KPMG?


loading image Request for proposal

Save, Curate and Share

Save what resonates, curate a library of information, and share content with your network of contacts.

Sign up today