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Arcadia administrators sell Evans brand to Australia's City Chic

Published 21/12/2020, 06:26 pm

LONDON, Dec 21 (Reuters) - Deloitte, the administrators of collapsed British fashion group Arcadia Group, said on Monday it has agreed the sale of its Evans brand, e-commerce and wholesale business to City Chic Collective Limited for 23 million pounds ($31 million).

The deal excludes the Evans store network.

City Chic is a global omni-channel retailer specialising in plus-size women's apparel, footwear and accessories listed on the Australian Stock Exchange.

($1 = 0.7490 pounds)

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