US company sells British brand worn by the Who,the Jam and Madness in pre-pack administration deal after just six monthsAbout 100 jobs are at risk after Ben Sherman, the British clothing brand worn by rock stars in the 70s and 80s, or was sold through a pre-pack administration deal.
Marquee Brands,a US company backed by a private fairness firm, has sold off the UK operations of Ben Sherman just six months after buying the brand.
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Source: theguardian.com