Esquire Retail has emerged as the buyer of Clinton Cards from its administrators Will Wright and Steve Absolom of KPMG. The deal will allow the 334 existing Clintons retail stores continue to operate with all jobs secured. Esquire Retail Ltd is a new business which is backed by the Weiss family which had previously held a majority stake in American Greetings which, in turn, had owned Clintons.
“We are pleased to have been able to secure the future of the Clintons business, protecting all of our talented 2500-strong workforce and ensuring continuation of trade across all of our UK store network at a what is a crucial time of year for the business,” said Clintons CEO Eddie Shepherd.”We are confident that this deal will kickstart a new chapter for our business.”
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