The administrators of Sandcity, the boardwear subsidiary of Blacks Leisure, have sold four shops to O’Neill.
The shops are in Leeds, Sheffield, Bristol and Brighton and will transfer to O’Neill, the manufacturer of boardwear clothing, sports equipment and accessories, saving 35 jobs. Also, the shop in York has been sold to Paperchase, saving 9 jobs.
Richard Fleming, UK head of restructuring at KPMG, said: “We are delighted to have concluded a deal which will see four of the stores continuing to trade under the original O’Neill brand, with a fifth transferring to Paperchase. However, these remain incredibly tough times for businesses operating in the leisure market, and it is with regret that we have had to close the remaining six stores.”