Belfast Telegraph

Thursday 24 July 2014

Fashion brand white stuff eyes sale or flotation

The fashion brand White Stuff, which has one shop in Belfast, is reported to be preparing for a sale or flotation.

The majority shareholders and founders Sean Thomas and George Treves, who control 75% of the equity, are rumoured to be considering which adviser to appoint with a view to selling stakes in the business in the next 18 months. Sally Bailey, chief executive of White Stuff, is quoted as saying the timing of a sale would depend on conditions on the high street, but said the owners were keen.

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