Sale for 46 Au Naturale shops
ANOTHER 46 Au Naturale homeware stores have been sold to unnamed investors by receivers.
PricewaterhouseCoopers said the sale of 46 of the remaining 59 shops was to a group of British investors experienced in the retail trade.
Au Naturale had 159 stores when its parent company, Internacionale, was put into administration on May 7. Many have already been sold.
The firm’s administrators said that the latest deal would result in 550 jobs being saved.
Graham Martin of PWC, said he is “delighted” to have been able to preserve the brand.
The full article contains 97 words and appears in Edinburgh Evening News newspaper.
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Last Updated:
16 May 2008 9:33 AM
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Source:
Edinburgh Evening News
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Location:
Edinburgh