BusinessBusiness RecoveryAdministrators 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

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