Struggling online fashion retailerAsosPlc and its lenders are discussing whether to hire a restructuring expert following the departure of its chief financial officer.
A number of turnaround professionals held informal talks about a role, which would sit below executive level, but no decision has been made, according to people familiar with the matter.
Asoss lenders include Barclays, HSBC and Lloyds Banking Group. The banks are being advised by AlixPartners and Clifford Chance. Any appointment could potentially provide further support toAsosas it seeks to revive its fortunes after a steep drop in performance since the pandemic.
Asos, advised by PJT Partners Inc. and EY, is experiencing a tumultuous period as consumer demand is waning an…
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