Trims business finds a buyer WELL-KNOWN Adelaide clothing retailer Trims has been sold after going into liquidation early this year owing more than $3 million to creditors and staff. Liquidator Andre Strazdins says the new owner will take over the Trims name and trademark and plans to relaunch the business soon. He says existing stocks of clothing and footwear will be sold to help repay creditors. "This has been a complex administration and liquidation process which required negotiation with 37 different stock suppliers and then several groups interested in buying the business," Mr Strazdins said in a statement on Monday. Various offers were received and we've now reached a purchase agreement with one party. Trims had operated in Adelaide for 75 years before a slump in sales this year prompted it to close.