Jobs saved after buyer found for fashion firm
Monday 11th February 2013, 11:30AM GMT.
THE fashion retailer which collapsed last week has been sold to an anonymous investor and up to 40 Islanders will be offered jobs after being made redundant.
The Collections Group – which owned several stores including Freedom, Quicksilver, SDS and the AXLE chain – went into liquidation last week after the firm failed.
Liquidators Alan Roberts and Jamie Toynton, of consultancy firm Grant Thornton, this morning announced the sale of the business.