Brazilian Retailer CVLB Files for Bankruptcy Protection

CVLB BRASIL SA filed for bankruptcy protection in Brazil on Wednesday to stabilize its ongoing debt restructuring. The retailer operates the CASA&VIDEO and Le Biscuit chains, maintaining full operations across its physical and digital sales channels.

### Operational Continuity During Restructuring CVLB BRASIL SA (CVLB) stated the filing aims to broaden the scope of its financial recovery and provide greater legal stability to the ongoing debt restructuring process. The retailer said the move provides necessary legal stability to resolve its current liabilities while protecting its core business assets.