N. Brown Group buys High and Mighty
David Bennett, administrator and director at PricewaterhouseCoopers LLP said: "High and Mighty has a long history as a clothing retailer in the UK. However, the Company has recently been experiencing difficult trading conditions. As a result of this, the shareholders and directors have been exploring options to try and rescue the business. This has necessitated the Company seeking the protection of administration.”
"The Administrators are pleased to be able to announce that they have secured the sale of a significant portion of the business of the Company to J.D. Williams & Company Limited. This should provide stability for many customers, suppliers and employees alike and means the High & Mighty brand will continue to exist on the UK high street.”
Email this article to a friend
You need to be logged in to use this feature.
Please log in here