After months of negotiations, a rescue plan put forward by fund manager Will Vicars to save accessories brand OrotonGroup has been recommended to creditors by administrators.

Mr Vicars, who was Oroton's second largest shareholder and a major creditor, has been working on the Deed of Company Arrangement (DOCA) since being named the preferred bidder by Deloitte director Vaughan Strawbridge and Glen Kanevsky on December 23.