the original factory shop news and archive

The Original Factory Shop CVA approved, 32 stores to close

The Original Factory Shop (Tofs) has received a green signal to go ahead with its Company Voluntary Agreement (CVA) proposal, which mean it would not close 32 stores of 124 stores while reducing rents on the rest, reports Daily Star. Earlier, according to Company Rescue, private equity firm, Duke Street had agreed to provide 10 million pounds...

Fashion

The Original Factory Shop denies sale rumour

Value UK retailer The Original Factory Shop has squashed reports today that the chain has been put up for sale by private equity owner Duke Street Capital. A spokesperson for the 134-store chain issued the following statement: “Following media speculation regarding a sale of The Original Factory Shop, Duke Street would like to state that it is...