However, now Clintons has been sold back to its existing owners in a rescue deal which safeguards 2, jobs, administrators KPMG have announced. In April, Debenhams went into administration. No stores closed immediately, but the chain is now owned by its lenders. In total two Debenhams stores will close before Christmas and another 20 in January as the group finishes a restructure which is forecast to see job losses of 1, However, 2, jobs were saved after Patisserie Valerie Cafes were rescued by Causeway Capital - but in the months since more than 20 of these have closed.
Celebrity chef Jamie Oliver saw the collapse of his chain restaurants Jamie's Italian in May, with all but three dining locations closing. And we did exactly that. Clinton Cards has tough Christmas. American Greetings is acquiring nearly Clinton Cards stores. Clinton Cards was placed into administration on 9 May. Published 7 June Published 9 May Published 29 March Clintons, which was previously known as Clinton Cards, had previously appointed KPMG advisers to explore a potential sale, but it is believed that no acceptable offers were received.
Mothercare administration — Latest store closures and why is it closing down? Jump directly to the content. Sign in. All Football. Money Sara Benwell.
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