INSOLVENCY experts have agreed to continue trading at Huddersfield town centre store Peters - despite a proposed sale of the business falling through.
Administrators - called into the King Street fashion store two months ago - said they would continue to run it "until a sale of the business at an acceptable level" takes place.
In a report to creditors, administrators from Leeds-based Kroll also said the store was profitable.
Joint administrator Peter Holder said nine employees had been made redundant following Kroll's appointment, but the remaining 52 had been retained.
Directors of the store called in the administrators in February after running into cash problems.
Shoppers with Peters gift vouchers were left fuming after administrators refused to accept them in payment for goods. They have been advised to register a claim.
The administrators said they received four offers from potential buyers after advertising the business for sale. But creditors were told that a planned sale of the business to an unnamed potential buyer had fallen through.
Peters opened in September, 1982. It was founded by businessman Peter Whittle, previously joint managing director of Kaye's department store. He later became chairman of Peters, with his son, David, as managing director.
The store sells womenswear and lingerie, shoes, handbags, scarves, gloves and cosmetics. It also has a coffee shop.
