AN ICONIC fashion brand could be sold after disappearing from the high street. The owner of Cath Kidston is exploring a sale only eight months after it rescued the brand from administration, accord…
, affecting over two thousand locations in the UK.
The sandwich chain, which has 2,273 locations in the UK, said that shareholders were exploring the possibility of a sale but no plans have been made.J.P. Morgan is advising the company and is conducting the sale exploration process.Shops have struggled to attract customers on the high street in recent years, and the pandemic saw shoppers move online.
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