Administrators sell Rosebys brand to parent company

Rosebys brand bought by parent company, as adminstrators continue to search for stores buyers

Written by Kevin Reed

The brand name of troubled textiles retailer Rosebys has been sold to its Indian-based parent.

Parent company GHCL has bought the brand, and the shops will continue to trade under license while a buyer is sought.

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Any purchasers will be able to licence the brand on terms to be agreed with the administrators.

As a result of the brand sale the companies affected will change their names from Rosebys to textile and Design. The new names are: Textile & Design Limited (formally Rosebys Operations Limited); Textile & Design (No.1) Limited (formally Rosebys Holdings Limited); Textile & Design (No.2) Limited (formally Rosebys (2004) Limited); and Textile & Design (No.3) (formally Rosebys).

Further reading:

Rosebys appoint adminstrators from Leeds

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