Philip Day
This coverage examines Philip Day’s influence in the UK retail sector, spotlighting his leadership roles across brands like Edinburgh Woollen Mill. Reporting delves into his acquisitions, turnaround efforts, financial strategies, and impact on retail operations. Designed for executives, investors, and retail professionals tracking senior leadership and strategic change in heritage and value retail.
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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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Sep- 2019 -6 SeptemberHigh Street
Philip Green’s retailing empire posts £169.2m loss
Philip Green’s Arcadia has reported losses of £169.2m in its latest accounts posted on Companies House, blaming the “dramatically” changed retail landscape. For the 53 weeks to 1 September 2018 Arcadia losses totalled £169.2m compared with £49.4m profit the previous year. Its turnover also fell 4.5% to £1.8bn. However the…
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3 SeptemberHigh Street
Arcadia COO resigns after 25 years at the group
Arcadia has confirmed that COO David Shepherd has resigned following 25 years at the group. He had begun his career on the shop floor before working his way up to oversee the running of Topman. He took on the COO role in 2012. According to a filing on Companies House,…
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2 SeptemberHigh Street
Philip Green reportedly preparing to break up Arcadia
Arcadia boss Philip Green is preparing to break up the retail group prepare for a potential sale of the brands, according to a report from The Sunday Times. The reports states that Green has begun “laying the groundwork to split and sell parts” of the company over a “period of…
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Aug- 2019 -15 AugustAdvice
Responding to sexual harassment in the retail workplace
A recent survey from regional law firm Foot Anstey found just over 1 in 10 (11%) retail workers have experienced “inappropriate touching of a sexual nature” in their current role – with over a third (36%) of those workers believing their employer “could have done more” to prevent it happening. …
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6 AugustHigh Street
Sports Direct acquires Jack Wills in pre-pack deal
Mike Ashley’s Sports Direct has acquired fashion retailer Jack Wills from administration, after administrators KPMG accepted the £12.75m 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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5 AugustHigh Street
Mike Ashley to rival Philip Day in Jack Wills takeover bid
Sport Direct owner Mike Ashley and Edinburgh Woollen Mill (EWM) owner Philip Day are the final bidders for fashion retailer Jack Wills, according to Sky News. It was first reported last month that the brands owner BlueGem was looking for a buyer for the retailer, with Marquee Brands, Johan Eliasch…
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5 AugustPeople Moves
Lovehoney names Sarah Warby as new CEO
Sexual wellbeing brand and online retailer Lovehoney has appointed ex-Sainsbury’s and Heineken marketing director Sarah Warby as its new CEO. Lovehoney, which was founded by journalist Richard Longhurst and DJ Neal Slateford in 2002, has grown revenues to more than £100m. Warby will lead Lovehoney on its next phase of…
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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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