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Clothing & Shoes

Next acquires Cath Kidston for £8.5m with job losses expected

Its stores in London, Ashford, Cheshire Oaks, and York will remain open to trade down stock before closing permanently

Next has agreed to acquire the brand name, domain names and intellectual property of Cath Kidston for £8.5m, with job cuts expected as the group is wound down and its remaining stores close.

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