Over 50 jobs have been saved at Norfolk-based footwear chain Mr Shoes after the company was bought out of administration by previous owners.

The retailer, which went into administration last month, has been sold to Glayone Limited - which was formed by the company's previous directors.

"We are delighted with the completion of this sale which will preserve 53 jobs at its head office and warehouse function in Dereham and in the nine stores that will continue trading," said joint administrator David Whitehead from Larking Gowen.

"It is of course unfortunate that some of the stores have had to close with job losses but the company was a victim of the recession that is affecting many UK retailers."