Members of Moss Bros’s founding families are circling the Cecil Gee business, which is understood to be up for sale for £3.5 million.

Former Moss Bros director and shareholder Michael Gee told Retail Week he had expressed an interest in the business – which his father Cecil Gee sold to Moss Bros in 1988 – but had not received a prospectus.

Gee said that if, together with his brother Nigel, he acquired the brand he would “revive it as a mono-brand store” with the possibility of adding “a sympathetic womenswear collection”.

Meanwhile, Moss Bros shareholder David Moss said he had looked at the prospectus for Cecil Gee and was “interested in all UK retail businesses”.

Moss Bros is understood to want to finalise a sale by its interim results on September 25.