Armourseal - tough signs for a tough world Armourseal - tough signs for a tough world Armourseal - tough signs for a tough world Armourseal - tough signs for a tough world Armourseal - tough signs for a tough world
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Rolex Oyster Perpetual 39mm Rhodium

Rolex Oyster Perpetual 39mm Rhodium

Rolex Oyster Perpetual 39mm Rhodium

Rolex Oyster Perpetual 39mm Rhodium

Rolex Oyster Perpetual 39mm Rhodium

´╗┐Leicestershire jobs saved after stricken beds chain Dreams is bought in pre

Rolex Oyster Perpetual 39mm Rhodium

Rolex Oyster Perpetual 39mm Rhodium

Rolex Oyster Perpetual 39mm Rhodium

60 million to its banks.

Rolex Oyster Perpetual 39mm Rhodium

we are pleased to announce that a sale has been completed that sees the majority of the Dreams business including 171 of its stores, its head office and its two UK manufacturing facilities being sold to a new company controlled by Sun Capital Partners. The business will continue to trade without interruption, over 1,600 jobs have been transferred and the future of Dreams on the UK high street has been safeguarded.

The safeguarded stores include those in St George Way, Leicester and Counting House Road, Freemen Common, in the city. The Loughborough store is in Willowbrook Retail Park, off Derby Road.

is a well known market leader, but in common with many others has suffered as a result of this depressed retail environment, a rapid expansion of its store portfolio and onerous lease liabilities. Whilst recent performance has improved, it has seen a decline in like for like sales across its Aaa Replica Rolex Watches Uk

store portfolio as well as its operating margins being squeezed. This has resulted in the business being unable to continue to operate outside of Administration."

and sheds certain debts.

administrators seek to find buyers for these stores. In pre pack deals, a buyer is lined up to buy a company assets before it goes into administration Rolex Datejust 26mm Gold

Rolex Oyster Perpetual 39mm Rhodium

Rolex Oyster Perpetual 39mm Rhodium

Sun European also owns SCS, a sofa chain, and Moben and Sharp kitchens. It paid 35 million to take control of Dreams, which was bought by Exponent private equity for 220 million from founder Mike Clare in 2008. Dreams owed about Gold Rolex Watches For Ladies

remaining stores that are not included in Rolex Oyster Perpetual 39mm Rhodium the sale will remain open for business whilst the

Joint administrator Alan Hudson, of accountants Ernst Young, said: street retailers have faced unprecedented conditions over recent years, and the market for higher value discretionary purchases has been particularly tough.

Rolex Oyster Perpetual 39mm Rhodium

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