The sale of the brand, for which no price has been quoted, includes a small quantity of original pieces that have designs drawn by Tommy Nutter, prior to his death in 1992.
While many textile and fashion companies have been apprised about the sale, companies from India and China have shown the most interest in acquiring the brand.
Crombie said it wants to focus on the expansion of its own high-end suits and coats line.
Tommy Nutter’s first shop was opened in 1969 and it proved very popular with artists and rock stars, including the Beatles in the 1970s.
Tommy Nutter’s work is currently being displayed at an exhibition at the London’s Fashion and Textile Museum.
