Hawkins Bazaar has been bought out of administration by its former owner Primary Capital, it is understood.

The deal, which went through on Friday, is believed to include the acquisition of up to eight stores, the online business, its wholesale business, all stock and its direct mail business.

Former owner Primary Capital plunged Hawkins Bazaar’s parent Tobar Group into administration in December with Zolfo Cooper appointed administrator.

40 stores closed at the time, with an ongoing closure programme resulting in just eight stores remaining of the original 65-store portfolio.