Original Factory Shop has been put up for sale by its private equity owners for a £70m-£80m. The Daily Telegraph

Barclays Private Equity, which owns the clothing retailer, has appointed corporate finance group KPMG to advise on a strategic review of the business.

Original Factory Shop, which has around 78 department stores, sells brands at discount prices in and around market towns and retails parks across Britain.

Barclays Private Equity bought the chain in 2004.