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Allders' brand IP goes on sale

The intellectual property of Croydon department store Allders has been put up for sale.

Metis Partners, an intellectual property specialist, has been instructed by joint administrators Geoffrey Bouchier and Matthew Bond, of Duff & Phelps to sell the rights.

Brand names owned by Allders, including the Arding & Hobbs department store in Clapham Junction, have also been put up for sale.

After 150 years in business the Croydon department store closed in September as administrator Duff & Phelps failed to find a buyer.

Allders fell into administration in June following “a marked downturn in sales”.

Stephen Robertson, founder and chief executive of Metis Partners, said Allders and its brands had appeal both in the UK and overseas and added that potential buyers could “capitalise on the already well established reputation of these brands”.

Robertson said: “This is a remarkable opportunity for buyers to tap into a rich seam of interest in timeless quality and heritage related brands. These names are part of Britain’s history.”

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