"Select Retail saved by mystery Turkish backer
A Turkish investor has injected £13m into securing 1,800 jobs and pulling the fashion chain from brink of collapse
Select Retail, the women’s fashion chain, has been saved from the brink of collapse in a lifesaving deal that secures the jobs of more than 1,800 staff.
Nigel Fisher, the founder and managing director, told Times Online this morning that a Turkish investor had taken a 70 per cent stake in the business for £13 million. "
More:Select Retail saved by mystery Turkish backer - Times Online