FASHION
Menswear retailer Blue Inc. goes into administration via The Industry
Date Posted: Wednesday 19th December 2018
Menswear retailer Blue Inc. has been placed into administration after attempts to find a buyer for the business failed.
Begbies Traynor was appointed last week and is now said to be in talks with two potential buyers for some of its remaining 31 stores, and one potential bidder for the brand.
The remaining stores will remain operational while the retailer’s future is worked out.
Blue Inc was once tipped for a £60m float under its former chairman Lord Rose.
For more information and the full report visit theindustry.fashion.