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If BHS moved forward with the expansion before solving these issues, the problems could multiply.
BHS Chief Executive Kay Driver said: 'The British Horse Society is delighted to be invited to contribute to the revival of the rural economy for the first time.
The agreement, which will run until December 2006, includes an exclusive arrangement with BHS to operate food sections in their stores, and gives Iceland the option to open up to 90 further food stores by the end of 2001.
The firm also struck an affiliation with Christie's Great Estates to be their exclusive Manhattan affiliate, giving BHS access to 145 Christie's affiliates nationwide and offices in 37 countries.
Langendorf of BHS replies that despite their higher cost, uv inks can provide better overall economics because of shorter cleaning time and less start-up waste.
Yet unsecured creditors risk kissing goodbye to most of the money they were owed when BHS collapsed.
The announcement comes just days after MPs unanimously recommended former BHS owner Sir Philip Green be stripped of his knighthood.
David Anderson of BHS International, who will oversee the launch, said: "We are thrilled to be relaunching this iconic brand back into the UK.
Frank Field, one of the MPs leading the inquiry into the store group's collapse, said yesterday: "One person, and one person alone, is ultimately responsible for the BHS disaster.
The move marks another grim milestone in the demise of BHS, which was controversially sold by tycoon Sir Philip Green for PS1 last year.
Retail consultancy Hilco has been appointed to help wind down the BHS store network.
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