Management team buys Basebuy stores
Basebuy's remaining stores have been sold to a management team by administrators BDO Stoy Hayward.

The deal, which has not been given a price tag, will save 300 jobs across 29 stores. The retailer was put into administration on April 12 and 40 shops were closed.

Basebuy operates under the Ëísenegger and Foxhole brands. The company's last recorded results showed an annual turnover of more than£55 million.

Topics