Directors are seeking to strike a rescue deal and mentioned no redundancies would be made or suppliers shut in the meantime.
Bonmarché has 225 suppliers close to the Uk, acquiring shut 30 when it 1st went into administration in October 2019 as it battled mounting expenses and the risk from on the net shopping.
It was rescued at the time by rival Peacocks – portion of retail tycoon Philip Day’s Edinburgh Woollen Mill Team.
Peacocks and several other EWM Team brand names went into administration very last thirty day period.
Based mostly in Wakefield, Bonmarché traces its roots again to 1982. Founder Parkash Singh Chima started off promoting dresses doorway-to-doorway and in marketplaces, ahead of opening his 1st store in Doncaster in 1985.
Damian Webb, of directors RSM, said: “Bonmarche remains an attractive brand name with a loyal consumer foundation. It is our intention to continue to trade while working closely with administration to take a look at the solutions for the enterprise.
“We will shortly be advertising and marketing the enterprise for sale, and based mostly on the interest to date we anticipate there will be a range of fascinated get-togethers.”