BusinessBusiness RecoveryPwC in talks to sell Adams stores

PwC in talks to sell Adams stores

Administrator forced to close 26 stores

PricewaterhouseCoopers has been forced to close 36 of the 161 Adams
Childrenswear stores in the UK and Ireland.

The administrators confirmed that 267 sales staff would lose their jobs,
adding to the 62 staff that were made redundant on Friday at the company’s
Nuneaton head office.

Despite the closures, PwC is trying to sell the remaining 125 stores, and
said in a statement that it is “liaising with a number of parties who have
expressed an interest in purchasing part or all of the business and assets of
Adams Childrenswear Limited.”

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