The administrator for fashion retailer Republic has said welcomed the move to secure 2,100 jobs, after Sports Direct International bought the chain.
The undisclosed deal comes after administrators Ernst & Young closed five Republic shops in Scotland on Tuesday, with the loss of 105 jobs, and axed another 150 jobs at its head office in Leeds. Administrator Hunter Kelly said:
In what has been a very challenging time and volatile climate for retailers, it is particularly pleasing to have completed the successful sale of Republic, saving 2,100 jobs across the UK high street and at its Leeds-based headquarters.
The brand Republic is well-recognised and well-respected by customers for offering quality, high-fashion goods and it is a testament to its strength that Sports Direct has made this investment to secure its future and high street presence.
More top news
A man is risking his life to bring joy to children in Syria by smuggling toys into the war-torn country.
A dead whale - believed to be a minke whale - has washed up on a Devon beach between Dawlish and Dawlish Warren.
The trade secretary has said the UK "has a golden opportunity to forge a new role for ourselves in world" outside of the EU.