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Business

Vanners to rescue Penrose London from administration?

Penrose London, the accessories company for men, has entered into voluntary administration. Among potential buyers is silk mill Vanners, which could save the firm from folding. According to Drapers, who spoke with Panos Eliades of liquidators Panos Eliades Franklin & Co, Vanners is one of the Penrose's creditors and is investigating the business...

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