Prospective buyer measures up firm

A PROSPECTIVE buyer for a collapsed Corby clothing manufacturer has visited the town to speak to local politicians and workers.

Upmarket clothing retailer Aquascutum, which has a factory in Princewood Road Corby, went into administration last week.

Since then, administrators FRP Advisory LLP have confirmed that there had been a healthy interest in the firm from bidders across the world.

One of those hoping to table a bid is Salford-based clothing manufacturer Cooper and Stollbrand. Boss James Eden was in Corby yesterday. He met local representatives, including Corby and East Northamptonshire MP Louise Mensch and Cllr David Sims.

Cllr Sims said it was a positive meeting. He said: “There were also three people who came along from the company to speak to Mr Eden. We discussed various aspects of what they’re looking for. What’s important to us is that they want to keep the manufacturing facility at Corby open.

“Our main priority is to protect Corby jobs. What was very positive was that even if he doesn’t buy the company he may still look at buying the factory by itself.”

Mrs Mensch said: “The part that is vital to us is that this company is interested in bringing jobs back to Corby. Of course, we’ll let the bidding process play itself out and we’re interested in meeting anyone who wants to keep these highly-skilled jobs in the town.”

It is believed there could be a dozen firms interested in buying Aquascutum, which went under last week leading to the loss of 115 jobs.