181 jobs saved as Greenwoods is acquired from administration
Bradford-based Greenwoods Menswear has been sold to Versatile International Trading, saving the firm from administration.
The sale will see 40 retail stores, the central warehouse and head office functions transferring to the buyer and will protect the jobs of 181 employees. The remaining 22 stores will close immediately, resulting in 88 redundancies. This follows the prior closure of two unstaffed concessions and one store (Rugby) at an earlier stage of the administration.
Adrian Berry and Clare Boardman of Deloitte LLP wer... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
