Clintons seals pre-pack admin deal saving 2,500 jobs

Clintons

Greetings cards specialst Clintons has been bought out of administration by Esquire Retail Limited, safeguarding all 2,500 jobs.

The struggling stationery retailer was bought in a pre-pack deal today after its landlords refused to back a potential CVA.

Esquire Retail Limited, a vehicle controlled by Clintons owner the Weiss family, acquired the retailer in a deal that enables all of its UK 334 stores across the UK to continue to trade.

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