Bonmarche
This coverage examines Bonmarché’s operations and strategy within the UK retail market, offering insights for executives, managers, and brand professionals. Reporting includes store openings and closures, leadership changes, marketing campaigns, financial developments, and the brand’s positioning in the value-focused womenswear sector. The analysis helps professionals assess Bonmarché’s growth plans, customer engagement, and competitive approach in a challenging retail landscape.
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Jul- 2024 -10 JulyHigh Street
EWM, Bonmarche and Peacocks return to profitability
The owners of Edinburgh Woollen Mill (EWM), Bonmarche and Peacocks, have revealed that all three brands have returned to profitability. Purepay Retail said that Bonmarche and EWM delivered turnover of £195m for the year to February 2023, while operating profit increased to £8.07m, up from a loss of £19.3m the…
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Apr- 2021 -6 AprilClothing & Shoes
Peacocks rescued from administration, 2,000 jobs saved
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. The fashion business has been saved by an international consortium, led by former chief operating officer, Steve Simpson. The chain was previously part of…
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Mar- 2021 -30 MarchOnline & Digital
Studio appoints new CEO
Studio Retail Group has announced the appointment of Paul Kendrick as its new company CEO. The group manages market leading businesses in the UK digital retailing and education supplies markets, mainly being a retailer and distributor, handling and supplying specialist products manufactured by third parties. Kendrick took on the role…
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Jan- 2021 -14 JanuaryHigh Street
Administrators finalise sale of Bonmarche
The joint administrators of Bonmarche have announced the completed sale of the company to Purepay Retail Limited, which is backed by an international investor consortium for an undisclosed amount. Damian Webb and Gordon Thomson, partners at the accountancy firm RSM, were appointed joint administrators to the company on 30 November…
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13 JanuaryClothing & Shoes
2,000 Edinburgh Woollen Mill jobs saved in rescue deal
Around 2,000 jobs are to be saved at Philip Day’s Edinburgh Woollen Mill Group after international investors agreed a deal to acquire Edinburgh Woollen Mill, Ponden Homes and Bonmarche. FRP advisory confirmed that the joint administrators to The Edinburgh Woollen Mill Limited (t/a The Edinburgh Woollen Mill) and Duvetco Limited…
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Dec- 2020 -2 DecemberHigh Street
Bonmarche calls in administrators, 1,500 jobs at risk
Bonmarche has collapsed into administration for the second time this year, placing 1,500 jobs at risk. Damian Webb and Gordon Thomson of RSM have been appointed as joint administrators of the store, with the “intention to continue to trade” while options for the company were explored. In a statement the…
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Feb- 2020 -11 FebruaryHigh Street
Administrations up 5% in 2019
The number of companies falling into administration across England and Wales increased by just under 5% in 2019, according to new analysis from KPMG. A study of notices in the London Gazette showed that a total of 1,403 companies went into administration during 2019, compared with 1,341 in the previous…
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Nov- 2019 -1 NovemberHigh Street
Phillip Day loses £5.7m equity following Bonmarche collapse
Phillip Day has lost his £5.7m equity investment in Bonmarche, following its collapse into administration last month. Spectre Holdings Ltd, owned by Phillip Day, lost its multi-million investment when administrators from FRP were appointed to handle the administration process, In-Cumbria reported. Spectre provided Bonmarche with working capital and a “cost…
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Oct- 2019 -21 OctoberHigh Street
Bonmarché enters administration putting 2,900 jobs at risk
Womenswear retailer Bonmarché has entered administration, resulting in around 2,900 jobs being placed at risk including 200 at its head office. With 318 branches located around the UK, Bonmarché appointed FRP Advisory as administrators who said the brand had a “sustained period of challenging trading conditions.” Alastair Massey, Tony Wright…
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Jul- 2019 -22 JulyHigh Street
Philip Day places bid for Jack Wills
Edinburgh Woollen Mill owner Philip Day has put in an initial bid to acquire fashion retailer Jack Wills. It has also been reported that the company’s owner BlueGem is considering bids from other groups, including Marquee Brands – owner of Ben Sherman, Sports Direct and Johan Eliasch, owner of sportswear…
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