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UK: Baile buys back Oddbins branches
May 18, 2011
Simon Baile, the former owner of Oddbins, has prompted a flurry of negative comment after buying five of his shops back from administrators Deloitte. Three of the sites are in London - Canonbury, East Sheen and Farringdon Street, one is in Surbiton and the fifth in Summertown, Oxford
Oddbins went into administration last month with debts of £20m. More than half of the chain’s 89 stores have now been sold, as well as the rights to the Oddbins brand name.
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