The Irish News is reporting that Catherine’s Clothing, which is owned by Catherins company Catherinian, has been selling its clothing in the UK since October 2018, when it sold about half its inventory to a chain called B&C.
It is unclear how many items the company has sold to other companies.
Catherin’s Clothing is owned and operated by the Catherinos family.
Its founder, Catherinas son, CATHERIN, said the company was sold to the UK chain on behalf of its owners, which was due to close in February 2019.
“The business is now being run by CATHERINE’s Owners and the management of the business is still in the process of negotiating the future of the company.
We are not going to comment on the details of the sale,” he said.
Co has been the dominant UK apparel chain for over a decade and is now the biggest retailer in the country, with a market share of roughly 40 per cent.
It has been reported that it is working with a number of local clothing chains to open a shop in the Irish Republic, and it is also understood to be looking at expanding in the Republic.
However, the company’s future remains uncertain.
The Irish Times is reporting there are reports that the company is considering selling off some of its Irish business in the United Kingdom and Ireland.
It is understood that it would not sell any Irish businesses and would be in talks with local businesses to find a buyer.
Catherina’s Clothing will continue to operate in Ireland, with the company owning more than 25 per cent of the Irish apparel industry, according to Catherina, and the company will continue selling to local and international customers.