The future of the Manchester textile manufacturer which produces the Kinky Knickers range is secure after a management buyout taking it out of administration.
The 79-year-old Headen and Quarmby firm, which went into administration last month citing ”a small number of bad debts” further compounded by a lack of orders, is now under the ownership of former managing director David Moor. The buyer, Headen and Quarmby UK, also confirmed it intends to re-start production at the company’s Middleton facility as…
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