PwC saves 3,200 jobs at clothing chain

David Hargrave and
, administrators from
PricewaterhouseCoopers have sold majority
of the business and assets of Adams
to a newly formed company backed by retail entrepreneur, John

The deal means that 273 Adams’ stores across the UK will remain open,
securing the employment of over 3,200 employees.

Hargrave and Jervis were appointed as joint administrators on 1 February 2007

Operating from its base in Nuneaton, Adams is the largest specialist retailer of
children’s clothing in the UK with an annual turnover of £200m. 

Further reading:

Adams grows up fast

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