Attempt to revive Comet included profit plan say owners
Comet owners OpCapita issued a statement on the failed retailer saying its plan to rescue the firm included measures to improve the profitability of the business.
– OpCapita statement on CometWe will of course assist fully with any inquiry and welcome the opportunity to provide BIS with factual information relating to the circumstances which led to Comet entering administration.
Deloitte published yesterday its Initial Report to Creditors of Comet Group Ltd which already includes detailed information and commentary on the events leading up to the appointment of administrators.
In addition the report sets out the detail of the turnaround plan for Comet which included a series of measures designed to improve the profitability of the business.
The statement added that once administration is completed, Deloitte will issue a full public report to creditors.
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