Law Firm Advises Retailer
National law firm Irwin Mitchell has advised Blue Inc, the fast growing fashion retailer on the acquisition of 46 stores from Officers Club, the menswear retailer that went into administration on 29th March 2011.
Officers Club, which fell into administration for the second time in just over two years, is a 106 store chain, based in Northumberland, employing 1,200 staff.
The acquisition by Blue Inc of the 46 stores, from the administrator Grant Thornton, will save around 400 jobs. Blue Inc which already has 98 stores will increase its market presence in this sector by this deal.
Steve Cohen, Managing Partner of Blue Inc praised the services of the Irwin Mitchell team.
This team was led by corporate partner Andrew Woolf, assisted by Associate Adam Powell. Paul Dutton, corporate partner at Eversheds advised Grant Thornton.