Runderwear owed £1.3m before pre-pack sale

Midlands-based exercise underwear retailer Runderwear has been sold in a pre-pack deal to luxury lifestyle brand Masters of Mayfair. Previous owner Chambers Ling had called in administrators at the end of last November with debts amounting to over £1.3 million, according to documents seen by TheBusinessDesk. However, Runderwear has now been sold for just £80,000 [...]read moreRunderwear owed £1.3m before pre-pack sale