Card retailer Clintons strikes deal to ensure it doesn't collapse before Christmas

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CARD retailer Clintons has struck a deal to prevent the firm from collapsing before Christmas.

According to administrators KPMG, the firm has been sold out of administration to Esquire Retail Limited.

Clinton’s 334 stores, including one in Portsmouth and Southsea, will continue to trade, with its 2,500 jobs secure.

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Founded in 1968, the shop, which was previously known as Clinton Cards, had grown to become one of the most familiar names on the UK high street with its wide range of greeting cards and gift products.

Clintons has struck a deal to ensure it doesn't collapse before Christmas (Photo by Jon Rigby)Clintons has struck a deal to ensure it doesn't collapse before Christmas (Photo by Jon Rigby)
Clintons has struck a deal to ensure it doesn't collapse before Christmas (Photo by Jon Rigby)