Like a many of the independent retailers, Adams (JS Childrenswear Limited) has struggled to compete with the might of Asda, Tesco and Primark who dominate the childrenswear market.

This is the third time Adams has fallen into administration in three years. The firm was bought out of administration by Northern Ireland businessman John Shannon in February 2007. He stepped in again the following year and recently sold the company to Pakistani firm Habib Alvi Investments.

But there’s hope yet:

Paul Clark, Partner at MCR, has confirmed that the business and assets of JS Childrenswear Limited, better known as the Adams retail chain, are being offered for sale.

“We are already seeing significant interest in the business and assets of the Company with a number of interested parties having already come forward,” stated Paul Clark.

“We are still undergoing a process of determining the viability of the business and while it is too early to make any further announcement on who those interested parties may be, I can confirm that the Company is still trading with a view to securing a going concern sale,” he continued.