
Frasers’ empire-building has come to a temporary halt with news the group has failed in its bid to buy Peacocks out of administration. And group head Mike Ashely has called on MPs to investigate the sale.
53 published items with the word (s) or phrase Edinburgh Woollen Mill in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
Frasers’ empire-building has come to a temporary halt with news the group has failed in its bid to buy Peacocks out of administration. And group head Mike Ashely has called on MPs to investigate the sale.
A rescue deal has been struck for the Peacocks chain that was part of the Edinburgh Woollen Mill empire. But only around 200 of what was once a 400-strong chain will reopen.
Confusion over Bonmarché’s inclusion in the rescue deal that saved most Edinburgh Woollen Mill and Ponden Home stores and jobs has been cleared up with news on Thursday that Bonmarché has also been sold to Purepay.
A deal has been struck to save the Edinburgh Woollen Mill and Ponden Home brands, with Purepay Retail, which is controlled by former owner Philip Day, buying them.
Some Edinburgh Woollen Mill stores could be saved with a report that the chain is about to be sold, although the potential buyer hasn’t been named.
M&S is reportedly close to a deal to buy Jaeger, which is part of Philip Day’s failed Edinburgh Woollen Mill Group. But while it’s believed to be taking on the brand and its stock, the stores aren’t part of the deal.
Creditors of the failed fashion chain Edinburgh Woollen Mill (EWM) were owed more than £50m when the business went into administration on 5 November, new documents have revealed.
A Peacocks manager has made a bid for the failed company in a move that could save its 4,900 jobs and 470 stores and concessions following its November administration filing.
Three days into the week and now a third major chain has collapsed. On Wednesday, value womenswear business Bonmarché filed for administration again, with 1,500 jobs at risk.
UK retail giant Marks & Spencer is viewing the possibility of buying three middle-market labels from the collapsed Edinburgh Woollen Mill (EWM) empire.