BHS International acquires digital and international franchise business from BHS Limited (in administration)
Clients BHS International Limited
Jones Day acted for BHS International in connection with its acquisition of the digital and international franchise business from the administrators of British retailer, BHS. BHS entered administration in April 2016 following an unsuccessful restructuring. With debts of over £1 billion at the time of its administration, BHS is the biggest retail failure in the UK since Woolworths folded in 2008.
BHS International's acquisition will see the brand continue to trade in over 20 countries spanning the globe.