Monday, July 22, 2013

Reuters: Bankruptcy News: Nicole Farhi sold to Maxine Hargreaves-Adams

Reuters: Bankruptcy News
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Nicole Farhi sold to Maxine Hargreaves-Adams
Jul 22nd 2013, 10:13

LONDON, July 22 | Mon Jul 22, 2013 6:13am EDT

LONDON, July 22 (Reuters) - The Nicole Farhi name will stay on Britain's high streets after the fashion chain was purchased by Fenn Wright Manson owner Maxine Hargreaves-Adams, the firm's administrators said on Monday.

Zolfo Cooper, which was appointed as Nicole Farhi's administrator on July 3, said the disposal comprises six stores, nine concessions and the wholesale and e-commerce parts of the business.

Financial details of the deal were not disclosed. (Reporting by James Davey; editing by Sarah Young)

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