ReSolve sells Oliver Sweeney
Oliver Sweeney is a well-established retailer of quality men’s footwear and casual clothing with an iconic brand and reputation for excellence.
The Company had experienced financial difficulties as a result of lost trade in its stores as customers migrated to online purchasing. The general retail decline caused by the initial lockdown of the COVID-19 pandemic was the final blow to its bricks and mortar business. The Company’s stores did not re -open after the first lockdown in March 2020, except for one central London store which opened on a trial basis but experienced a very low level of sales and was closed within a week.
Oliver Sweeney Trading was responsible for retail operations and owned the stock but did not own the Oliver Sweeney brand or have any formal licence to use it.