Contact: Jo Ouvry
Deloitte
Public Relations
+44 (0) 20 7303 0587

Contact: Sorrelle Cooper
Deloitte
Public Relations
020 7303 4820

Deloitte has today announced the successful sale of Kookai. Kookai SA, the French owner of the Kookai clothing brand, has formed a joint venture company with Amery Capital - Kookai UK - which will take immediate control of the Kookai brand in the UK.

Lee Manning, Deloitte partner and lead administrator comments: "Kookai is a strong retail brand and a prominent feature on the UK high street. We are pleased to announce the sale of the company to Kookai UK, as a result of which 400 jobs will be protected."

Kookai will continue trading in 14 standalone stores and over 20 department store concessions nationwide.

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In this press release references to Deloitte are references to Deloitte & Touche LLP which is among the country’s leading professional services firms, providing audit, tax, consulting and corporate finance services through more than 9,000 people in 21 locations. Known as an employer of choice for innovative human resources programmes, it is dedicated to helping its clients and its people excel. Deloitte & Touche LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu (‘DTT’), a Swiss Verein whose member firms are separate and independent legal entities. Neither DTT nor any of its member firms has any liability for each other’s acts or omissions. Services are provided by member firms or their subsidiaries and not by DTT. Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority. The information contained in this press release is correct at the time of going to press.