Receivers sell Jean Jones clothing stores
The receivers of clothing company Jean Jones have sold the business.
The receivers for the Jean Jones clothing stores confirmed today that they have sold the business, with the new owners to take over on June 1.
The new owners will continue to operate the 13 Jean Jones stores and the factory outlet store in Kerwyn Avenue, East Tamaki, Auckland. Most of the staff will continue to be employed by the new company.
The receivers Mike Horne and Murray Frost of Deloitte were appointed to the fashion chain in October 2010. Over the past six months the receivers have been working with staff, landlords and suppliers to stabilise the business and return it to a profitable position.
The new owners are Gina Caulfield - the current general manager of the Jean Jones stores - and Keri Condon.
NBR staff
Fri, 20 May 2011
Fri, 20 May 2011
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Receivers sell Jean Jones clothing stores
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