Administrators sell Rosebys brand to parent company

Administrators sell Rosebys brand to parent company

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

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.

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

Deloitte issues ‘going concern’
warning about JJB interims

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource