Part of fashion and accessory business Ness has been brought out of administration, safeguarding more than 35 jobs.
Edinburgh-based property and retail group Kiltane has purchased four Ness outlets - in York, Keswick and two in Edinburgh.
It has also acquired the wholesale and e-commerce divisions of the company.
Before it went into administration in December, Ness operated 10 stores in Scotland and five in England plus four concessions, and employed 105 people.
It called in administrators BDO following financial difficulties.
Kiltane, which employs 75 staff at its stores in Edinburgh, said the move would reinforce its position as a specialist in luxury cashmere, fine woollens and Scottish tweed, while enhancing its geographical reach in the UK and internationally.
Managing director Mark Keane said: "This is an exciting development for Kiltane. The addition of Ness to our existing stores builds considerably on our business infrastructure and capabilities, both in retail outlets in prime locations and online.
"It also safeguards the jobs and skill sets of a very experienced and talented retail team while consolidating our position for future growth.
"We're very confident that the deal will deliver major value to the group in the years ahead because the Ness brand offers a strong fit for us and complements the existing brands and concessions that we work with."
BDO business restructuring partners James Stephen and Matthew Tait were appointed joint administrators over Ness Clothing on December 23.
Mr Stephen said: "Ness Clothing is a unique and popular fashion brand with a dedicated customer base across Scotland and England.
"We are delighted to have secured the sale of the company's four stores, preserving 35 jobs."
Seven Ness stores - in Dundee, Glasgow (Buchanan Galleries), the Livingston Designer Outlet, Aberdeen, Cambridge, Bath and Ilkley - closed in January.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules here