Administrators handling the sale of Adams operator JS Childrenswear say they have received "initial interest" in several stores and the business.

Shops are continuing to trade normally while the joint administrators in the guise of MCR and Ian Yerrill of Gerald Edelman, undertake a financial assessment of JS Childrenswear which operates under the Adams name.

The UK company filed for administration on Friday (22 January) for the second time in just over a year.

The administrators have made contact with "essential suppliers," many of whom they concede have not been paid for some time, while conference calls have also been held with all area managers.

"Like many retailers, it [Adams] has experienced a difficult trading environment during the course of the past 12 months, which has been exacerbated by a further downturn and general tightening of the credit markets," said MCR partner Paul Clark.

"I personally addressed the head office staff. They are understandably concerned about their own position.

"We fully appreciate the difficult position in which the staff find themselves so soon after Christmas. We are grateful for the assistance that we have received so far."

The 75-year old Adams, based in Nuneaton, Warwickshire in the Midlands, has more than 120 stores in the UK and employs some 2,000 staff.

At its peak the company operated 271 own-brand stores and concessions throughout the UK trading under Adams Kids. It also supplies Boots with the 'Mini Mode' own brand range.

In January 2009, the business and assets of Adams Childrenswear were sold to JS Childrenswear, a newly formed company backed by John Shannon, following a period in administration.

Shannon then sold the company to Habib Alvi Investments.

Customers will be able to redeem Adams gift cards, subject to strict criteria meaning they can only be used to fund up to 50% of any overall transaction.

The administrators note that customers who purchased goods by credit card should contact the card issuer.

"The administrators would ask that all customers and suppliers treat the company's employees with patience and courtesy as this is an extremely difficult and uncertain period for all employees," added the administrators in a statement.