DOZENS of workers at the county branches of stricken retailer Clinton Cards have had their jobs saved after the company was bought by an American firm.
Ohio-based American Greetings, which has been one of Clinton’s biggest suppliers, will take on the brands and assets of the high street chain.
Clinton Cards went into administration a month ago but now 400 stores out of more than 700 nationally are due to be saved.
They include branches in the Westgate Centre, Oxford; Woolgate Centre, Witney; Sheep Street, Bicester; Buttermarket, Thame; Castle Quay, Banbury, and Bell
Street, Henley. Between them they employ about 60 people.
Joint administrator Peter Saville of specialist finance firm Zolfo Cooper said: “We would like to thank the staff for their dedication and patience throughout what has been an understandably
difficult time for all concerned.”
American Greetings chief executive Zev Weiss added: “We believe that properly managed, and with the appropriate capital structure, Clinton Cards can be both an important and profitable retailer.”