Clothing & Shoes

Peacocks rescued from administration, 2,000 jobs saved

The chain was previously part of the Edinburgh Woollen Mill (EWM) Group, which collapsed last November after its owners failed to secure a buyer for the brands before a set deadline

Peacocks has reportedly been rescued out of administration in a move that will save 2,000 jobs and 200 of its 400 stores, according to Sky News.

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