Dorset

Mostyn's curtains and soft furnishings firm in administration

Mostyns logo
Image caption Mostyn's has been trading since 1950

A Dorset-based curtain and soft furnishings company has been placed into administration.

Mostyn's has its head office in Christchurch and employs 128 staff in 35 retail outlets nationwide.

Administrator Julie Palmer blamed "difficult trading conditions" and issues over property leases for it going to administration.

The business has been sold as a going concern to WCDI Ltd, safeguarding the majority of jobs.

Mostyn's, which has an annual turnover of £7m, has been trading since 1950.

Fifty-nine employees currently work at its head office and manufacturing operation in Christchurch.

Steve Lane, of WCDI, said: "[We] are delighted to have purchased such a well-known brand both locally and nationally in a deal that now enables investment into the business and a brighter future."

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