Facia stores sold

ONLY one business belonging to the collapsed retail giant Facia is still in receivership, it emerged following the news that …

ONLY one business belonging to the collapsed retail giant Facia is still in receivership, it emerged following the news that almost all of the stores in the Oakland Menswear chain had been sold. Receivers KPMG said 27 of the 31 Oakland stores, which were put into receivership on June 1st, had been bought by Ciro Citterio Menswear. Administrative receiver, Mr Tony Thompson, said that, as a result of the sale, the jobs of 140 employees had been saved.

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