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Kinky Knickers back in business 18 February 2014

The British manufacturer producing Mary Portas’ Kinky Knickers line has been sold out of administration.

The business and assets of Headen & Quarmby Limited were acquired a month after the company entered administration as a result of bad debts and a “deterioration in its cash position.”

The purchasing company, Headen & Quarmby (UK) Limited, owned by former managing director, David Moore, aims to recommence manufacturing the popular lingerie and sleepwear lines as soon as possible.

Appointed as joint administrator alongside Patrick Lannagan, Kerry Bailey, of BDO, said: “An extensive search was made to find the right buyer for the business and assets of Headen and Quarmby Limited.

“David and his team have the determination and expertise to take the business forward on a more secure financial footing, and we wish them the best of luck.”

Based in Middleton, the business produced a range of clothing for a series of high street and online retailers including House of Fraser and ASOS.

The most notable brand it produced was the Portas-backed Kinky Knickers lines; for which the manufacturing agreement has been inherited by the buyer.

David Moore, managing director of Headen & Quarmby (UK) Ltd., said: “We have a strong underlying business and a full order book. We’re determined to rebuild a great British success story, thanks to the support of our staff, retailers, suppliers and Mary Portas.”

Retail guru Portas added: “I was so sorry to hear about the issues H&Q had in January. I’m thrilled they’ve had the confidence and the vision to re-build.”

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