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Stead & Simpson
Stead & Simpson has sold its chain of 25 Famous Footwear stores to Jacobson Ventures, and is now seeking a buyer for its remaining operations.
Stead & Simpson, the shoe retailer with about 400 stores, has undergone a £51m management buy-out backed by Bank of Scotland.
Stead & Simpson is acquiring Peter Briggs, the Leicester-based chain of 40 shoe shops, for undisclosed terms.