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Vergo Retail brand assets to be sold

The administrators to independent department store group Vergo Retail have appointed specialists to sell off the brand assets of the group which hit the buffers in May last year.

Vergo Retail operated iconic indie department stores including Lewis’s of Liverpool, Owen Owen, Joplings of Sunderland and Derrys of Plymouth.

It also ran a number of other department stores under the ‘Vergo’ name in Norwich and Ipswich and a number of smaller stores under the ‘Vergo Fashion, Home & More!’ fascia.

Glasgow-based intellectual asset specialists Metis Partners have been appointed by administrators MCR to sell off the brand assets.

Stephen Robertson of Metis Partners said: “A wide range of intangible assets which include several registered trademarks protecting the brands as well as rights in a number of unregistered trademarks are available for purchase. Several domain names relating to Vergo Retail’s portfolio of brands are also included in the sale.

“We expect there to be keen interest given the iconic status and heritage attached to many of the Vergo brands.”

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