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Page last updated at 18:04 GMT, Friday, 16 May 2008 19:04 UK

Au Naturale jobs secured by sale

Au Naturale
More than 500 jobs have been preserved by the sale

The administrators for homeware retailer Au Naturale have announced the sale of 46 of its remaining 59 stores.

Pricewaterhouse Coopers said more than 550 jobs would be saved by the sale of the stores to an unnamed buyer.

Joint administrator Graham Martin said the latest deal, together with those previously announced, had resulted in 1,900 jobs being protected.

He said the sales secured the brands of Au Naturale and its sister company, fashion chain Internacionale.

Mr Martin said: "I am delighted we have managed to secure a sale that not only preserves a strong high street brand but also protects the employment of 550 people."

At the start of April, 31 Au Naturale stores were sold to Opus Estates (England) Limited.

All Internacionale stores were sold on 1 May, with about 850 jobs transferring to the buyer, whose details have not been released.


SEE ALSO
Fashion chain in administration
26 Feb 08 |  Business
Jobs losses at Lanarkshire firm
11 Apr 08 |  Glasgow, Lanarkshire and West
Jobs to go at dairy firm plants
08 Mar 08 |  South of Scotland

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