Ghost's future uncertain as investor pulls funding
- Published: 06 October 2008 15:46
- Author: Emily Seares
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- Last Updated: 06 October 2008 17:00
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The future of womenswear business Ghost is uncertain after a major investor has pulled the plug on funding for the business.
Ghost Finance Director Nick Hamer said: "The directors of the business have been working on proposals to secure the future of Ghost with alternative investors. This situation arose from the failure of the major investor to provide continued funding for the business. The discussions with interested parties are still ongoing and the directors are working hard to reach a resolution of the current position."
Ghost has 15 standalone stores, 21 concessions and 3 outlets in the UK.
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