BHS shut up shop on British high street but is open for business in Mongolia
BHS International will launch in 10 new countries to expand its international business.
BHS might have disappeared from the British high street, but its international franchise is set to live on in Africa, the Middle East and Europe.
The 88-year-old company entered liquidation in April before eventually folding in June, after owing more than £1.1bn ($1.3bn,) to various creditors, including a £571m pension deficit, £358m to landlords and £48.5m to suppliers.
However, in June, Qatar-based Al Mana purchased the global business and the franchise of BHS International, whose first franchise store opened in 1985.
The business now counts 61 stores in 14 countries, including Mongolia, Malta, Jordan, Libya, Saudi Arabia, Russia, Uzbekistan and the United Arab Emirates, under the control of 11 franchise partners.
BHS was relaunched in September and its website sells a range of lighting and home furnishing products that constituted around 75% of the most popular online items sold by its predecessor before its demise.
The group's international business, which has no ties with former BHS owners Sir Philip Green and Dominic Chappell, has unveiled plans to launch in 10 new countries, which they would not identify, as contracts have yet to be signed.
"Under the new owners, we have ambitious plans to accelerate this growth and, working closely with new and existing franchise partners, we are confident we can do this," said David Anderson, managing director of BHS International.
"Since the new business was formed in June, we have secured agreements with new partners in new territories and are in discussions with many others."
BHS' collapse saw 11,000 people lose their jobs and, last week, MPs approved the motion to strip Green of his knighthood for his role in the company's demise.
During a three-hour debate, Tory MP Richard Fuller, who tabled an amendment calling for Green's knighthood to be "cancelled and annulled", said the 64-year-old retail tycoon had failed "to find his moral compass" for not addressing the pension deficit.
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