Todays announcement suggests it could be 'game on'. The statement below isn't a denial, more a confirmation that things are happening and the company is aware of its disclosure obligations.

"City Chic is regularly involved in exploratory discussions with different parties regarding initiatives that could createvalue for its shareholders. However, there is no certainty that any of these opportunities, including any potentialsale of City Chic's North American business, proceed to a binding transaction. Luminis Partners has been a long-standing adviser to City Chic on various projects. City Chic will keep shareholders informed of any materialdevelopments in accordance with its continuous disclosure obligations."

If this was war, I'd have my soldiers on high alert, the airforce scrambled and the navy heading out of port.

I am hoping this will be a happy ending to what has been one of the biggest management blunders in recent history.