KPMG to advise on sale of clothing business

KPMG corporate finance specialists have been appointed to advise on a
strategic review of clothing business Original Factory Group, after its owners
put the retailer up for sale, according to reports.

The group, with an estimated value of between £70m and £80m, operates through
78 stores across the UK and is currently owned by Barclays Private Equity. A
number of other PE firms are interested in the sale, reported the Daily

KPMG declined to comment, while Barclays were unavailable for comment.

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