TM Lewin
This coverage examines TM Lewin’s strategic re-entry into UK high street retail following its dual administrations in 2020 and 2022. It provides insights for retail professionals overseeing store operations, brand revitalisation, and omnichannel strategy. Reporting focuses on the brand’s renewed emphasis on formalwear, store expansion plans targeting key cities like London, Manchester, and Edinburgh, and the challenges of rebuilding supplier and landlord relationships. Coverage also addresses leadership changes and the broader implications for the menswear sector amid shifting workwear trends.
-
Apr- 2022 -8 AprilClothing & Shoes
TM Lewin lender to rescue brand from administration
An investment vehicle owned by Petra Group has reportedly reached a deal to acquire TM Lewin after it collapsed into administration for the second time last month. According to Sky News, the lender to TM Lewin reached an agreement with Interpath Advisory to buy out the menswear brand, with sources…
Read More » -
Nov- 2020 -20 NovemberClothing & Shoes
Jaeger and Peacocks fall into administration, 4,700 jobs at risk
Jaeger and Peacocks have fallen into administration, placing 4,700 jobs at risk. It comes as owner EWM Group failed to secure a buyer for the brands before a set deadline, despite “constructive discussions” with buyers in recent weeks. Tony Wright and Alastair Massey, partners at FRP Advisory, have been appointed…
Read More » -
Oct- 2020 -26 OctoberHigh Street
Mike Ashley considers Jaeger bid
Mike Ashley’s Frasers Group is reportedly considering the acquisition of “heritage” fashion brands Jaeger, Austin Reed and Jacques Vert from Edinburgh Woolen Mill (EWM) Group, according to The Sunday Times. Phillip Day’s retail group has struggled in recent months, shutting down 50 stores last week, as part of its administration…
Read More » -
22 OctoberClothing & Shoes
TM Lewin owner eyes Jaeger bid
The owner of menswear retailer TM Lewin is reportedly considering a bid for Phillip Day’s embattled retail brand Jaeger. According to Sky News, Torque Brands, the investment vehicle formed by businessman James Cox, is one of a small number of businesses which have expressed interest in acquiring the brand. Jaeger…
Read More » -
Jul- 2020 -6 JulyHigh Street
Over 24,000 retail jobs lost in first half of 2020
Almost 24,348 jobs have been scrapped in the first six months of the year at large retailers which have fallen into administration, the Centre for Retail Research (CRR) has revealed. Retailers including Laura Ashley, Debenhams, Monsoon & Accessorize, Oasis & Warehouse, Cath Kidston, Quiz, Victoria’s Secret, Oakland Furniture, Go Outdoors,…
Read More » -
Jun- 2020 -30 JuneClothing & Shoes
TM Lewin collapses into administration
TM Lewin has collapsed into administration following news that the retailer was eyeing up a pre-pack administration deal. According to the Mail Online, the group cited the ongoing Covid-19 pandemic and the temporary closure of its stores in March as the main reasons behind the collapse. The move could result…
Read More » -
29 JuneClothing & Shoes
TM Lewin hires restructuring firm as it eyes pre-pack deal
The new owner of TM Lewin has reportedly called in a restructuring firm as it considers a pre-pack administration deal that could see the closure of a number of its stores. According to The Sunday Times, SCP Private Equity, who acquired the shirt maker earlier this year, has appointed restructuring…
Read More » -
May- 2020 -13 MayClothing & Shoes
SCP acquires TM Lewin from Bain Capital
Private equity firm SCP has acquired Men’s retailer TM Lewin from Bain Capital for an undisclosed sum. TM Lewin currently has 66 stores in the UK with around 650 of its 700 members of staff placed on furlough. SCP has reportedly acquired the firm as a going concern and plans…
Read More » -
Apr- 2020 -17 AprilCoronavirus
TM Lewin seeks interested buyers
TM Lewin is reportedly in talks with potential buyers in light of the ongoing effects of the global pandemic. According to Sky News, the London-based retailer is now up for sale just days after Oasis and Warehouse collapsed into administration. Bain Capital, the private equity group that has backed TM…
Read More » -
May- 2018 -31 MayAdvice
The real cost of ‘freeturns’ for retailers?
In today’s hyper-competitive online environment, ecommerce directors face a difficult choice when it comes to the thorny issue of online return policies. Despite being hugely appealing to consumers, free returns can have a catastrophic impact on retailers’ margins. According to industry experts Clear Returns, the cost of processing online returns…
Read More »
- 1
- 2