Argos buys Alba and Bush brandsCatalogue retailer, Argos, rescues Alba
28 November 2008
Argos, the high street catalogue retailer, has bought the brands Alba and Bush in a £15.25 million cash deal.
The deal with Argos owner Home Retail Group means that Alba will now have to take on the new brand identity, Harvard.
An Argos spokesperson said: 'The trademarks are household names with very strong heritage and high purchase frequency with Argos customers'.
Alba and Bush Best Buys
Dave Holes, Which? researcher, said: 'We regularly include Bush and Alba products in our testing, and are likely to continue testing their products, regardless of the brand name. In the past, Alba and Bush have received Best Buy awards, although they have been few and far between.'
Alba, a low-cost electrical goods company, posted pre-tax losses of £1.2 million in the six months leading up to September 30 2008.
Alba and Bush products tested
Alba and Bush have products currently featuring in our MP3 player report, out LCD and plasma TV report, our Freeview and Freesat set top box report, our DVD player and our DVD recorder reports and our PVR report.
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