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WHAT NOW FOR LITTLEWOODS?

Europe Intelligence Wire

| October 05, 2002 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Liverpool Echo)

Byline: NEIL HODGSON Industry Reporter

THOUSANDS of Littlewoods workers face uncertainty today after the pounds 750m sale of the Liverpool-based empire.

New owners Sir David and Sir Frederick Barclay could still sell off the high street store chain, Littlewoods chief executive Alistair McGeorge admitted after last night's dramatic takeover announcement.

The deal ended the Moores dynasty's almost 80 year association with the business - launched by Sir John Moores in 1923.

…

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