views

PwC called in as Intimas fails

<div>INTIMAS, the lingerie firm that produces brands including Ted Baker Intimates, has called in PricewaterhouseCoopers (PwC) as its administrator following prolonged trading woes.<br /><br />Chairman John Gibson, the 56-year old former Real Good Food Group boss, has called in PwC after the firm failed to secure new investment to save it from collapse.<br /><br />PwC joint administrator Stuart Maddison said he had high hopes for a sale of the group as a going concern.<br /><br />&ldquo;We are expecting a number of expressions of interest,&rdquo; he said.</div>