A BUYER has been found for the Evans clothes brand – but not for its shops.

Administrators for the Arcadia group say the stores, which include a branch at Bournemouth’s Castlepoint, will carry on trading “for the time being”.

City Chic will pay £23 million for the 90-year old plus-size clothing brand, Deloitte said.

The deal, which is expected to close on Wednesday, will see Evans carved out from Sir Philip Green’s retail empire.

Arcadia, which also owns Topshop and Dorothy Perkins, went into administration at the end of November after months of worries surrounding it and other high street giants.

High street businesses have spent nine months in and out of lockdown, often being forced to close their doors for months or weeks at a time, with only a few days’ notice.

Next has reportedly held talks with asset manager Davidson Kempner Capital Management over a potential bid for Arcadia.

Administrators said on Monday that “the process to secure new owners for the other Arcadia Group brands is ongoing. There have been significant expressions of interest for all brands. The joint administrators expect to provide a further update in the new year.”

The Evans deal includes both the brand and its ecommerce and wholesale business. City Chic is a retailer that specialises in plus-size women’s apparel, footwear and accessories.

It is listed on the Australian Stock Exchange, and mainly operates online in Australia, New Zealand and the United States. Its brands include Avenue, CCX, Hips & Curves, and Fox & Royal.

City Chic also has a network of 96 stores across Australia and New Zealand.

The Evans stores will “continue to trade for the time being”, administrators said.

Evans was formed in 1930 in the UK, and sells plus-size clothes and footwear. In the most recent financial year its website was visited about 19million times, and generated £23m of sales.

The wholesale business had sales of around £3m in the same period.