Baubridge & Kay has found new life after collapsing into receivership in September.
Grant Thornton receivers were appointed to the 22-year-old retailer on September 12, after it suffered growing offshore competition and soaring overheads.
When contacted by ragtrader.com.au today, receiver Said Jahani confirmed Rhodes & Beckett had made a successful bid for the brand.
Rhodes & Beckkett operates stores in Victoria, New South Wales, South Australia and Queensland, offering women's and men's suiting as well as accessories.
For more, pick up a copy of Ragtrader's January 2012 edition.