Jack Wills
This coverage analyses Jack Willsโ position and activities within the UK retail market, offering intelligence for professionals managing stores, brands, and strategy. It reports on store openings and closures, brand repositioning, marketing efforts, licensing moves, leadership changes, and performance within the competitive fashion sector โ all with a focus on commercial outcomes and relevance to retail decision-makers.
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Aug- 2021 -16 AugustClothing & Shoes
Jack Wills founder to relaunch Aubin with Next support
The founder of Jack Wills is reportedly set to relaunch the menswear brand Aubin in partnership with Next. According to The Times, Peter Williamsโ Jack Wills โoffshootโ will begin trading through its first new high street shop in Soho, while also selling online. Next will take a 33% stake in…
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Mar- 2020 -27 MarchClothing & Shoes
Jack Wills permanently closes another 17 stores
British fashion brand Jack Wills – which was rescued out of administration by Frasers Group plc in August 2019 – has announced the immediate closure of a further 17 stores, bringing the total number of store closures announced over the last week to 22. Mike Ashleyโs Frasers Group acquired Jack…
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Sep- 2019 -24 SeptemberHigh Street
Sports Direct announces five more Jack Wills closures
Sports Direct has revealed the locations of a further five Jack Wills stores set to close, following its acquisition of the clothing retailer. Sports Direct has earmarked its Bluewater, Oxford, Newcastle, Winchester and London Gatwick airport as the next stores to shutter. The company, which closed eight Jack Wills stores…
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Aug- 2019 -16 AugustHigh Street
Sports Direct shutters eight Jack Wills stores
Sports Direct has announced the closure of eight Jack Wills stores, according to a report by the Financial Times. The affected shops are located in Marlborough, Derby, Reigate, Rock, Tunbridge Wells, Durham, Kingston and St Albans. Sports Direct acquired Jack Wills from administration on 6 August, after administrators KPMG accepted…
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6 AugustHigh Street
Sports Direct acquires Jack Wills in pre-pack deal
Mike Ashleyโs Sports Direct has acquired fashion retailer Jack Wills from administration, after administrators KPMG accepted the ยฃ12.75m offer tabled by the sports retail group. Jack Wills currently has 100 stores in the UK, employing around 1,800 people, with all properties and distribution centres to be transferred to Sports Direct…
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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 companyโs 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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1 JulyClothing & Shoes
Poor trading leaves Jack Wills facing ‘cash crunch’
Fashion retailer Jack Wills is reportedly facing a โcash crunchโ after a period of poor trading this spring.ย According to The Times, Jack Wills is rapidly going through the ยฃ28m of cash injections arranged by its equity firm owner BlueGem, with sources saying trading has โfell off a cliffโ.ย BlueGem,…
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Mar- 2019 -6 MarchClothing & Shoes
Jack Wills hit by ยฃ7.5m loss
Fashion retailer Jack Wills suffered an EBITDA loss of ยฃ7.5m for the full year to 28 January 2018 compared with ยฃ6.3m profit in the previous year. The companyโs turnover dropped by 1.1% for the year to ยฃ129.3m down from 2017โs figure of ยฃ130.8m. Jack Wills attributed this to a โchallenging…
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Feb- 2019 -25 FebruaryClothing & Shoes
Jack Wills to sell four stores in order to cut costs
Fashion retailer, Jack Wills is to sell four stores in order to make up for a store expansion which saw it increase its stores by a quarter, despite the fact it was making an underlying loss of ยฃ11m in 2017. Jack Wills is looking to assign leases to new tenants…
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Jan- 2019 -16 JanuaryClothing & Shoes
Jack Wills drafts in advisers
Fashion retailer Jack Wills has reportedly appointed accountancy firm EY to scrutinise and advise on its financial position. According to Sky News, EY – who are led by HSBC – have been brought in to assess its finances and help negotiate revisions to its borrowing covenants. The news comes just…
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