Peacocks

Peacocks News

Peacocks attracts six bids

1 February 2012 | By Tiffany Holland

Peacocks administrator KPMG has received six bids to buy the business, or parts of it, out of administration, Drapers has learned.

Deadline for Peacocks bids looms as other retailers target the stores

26 January 2012

Private equity firms including Permira and Cinven have ruled out buying Peacocks, while other investment firms and retailers eye its stores.

Bonmarché bought out of prepack by Sun European

23 January 2012 | By Nicola Harrison

Bonmarché has been bought by private equity firm Sun European Partners in a prepack administration deal.

Credit insurer will not extend cover for UK retail sector

23 January 2012 | By Ruth Faulkner

Europe’s biggest trade credit insurance company Euler Hermes has said it will not extend levels of cover to the UK retail sector.

Private equity firms eye Peacocks

23 January 2012 | By Gemma Goldfingle

A host of private equity firms are circling collapsed fashion retailer Peacocks.

Half of Peacocks head office staff axed

20 January 2012 | By Tiffany Holland

Almost half of Peacocks’ head office staff have been made redundant after the value clothing retailer collapsed yesterday.

Peacocks collapses into administration

18 January 2012 | By Tiffany Holland

Debt-laden value clothing retailer Peacocks has hit the buffers after a last ditch attempt by chief executive Richard Kirk to save the business was derailed.

Bonmarche stores to close as part of rescue deal

18 January 2012 | By George MacDonald , Nicola Harrison

Up to half of Bonmarché stores are likely to closed or be offloaded as part of a rescue deal to salvage the heart of the business.

Richard Kirk in eleventh hour talks to save Peacocks

17 January 2012 | By Tiffany Holland

Peacocks chief executive Richard Kirk has been in crunch talks to thrash out a deal to save the value clothing chain with a mystery investor.

Notices of intent filed for Peacock Group and Bonmarché

16 January 2012 | By Nicola Harrison

UPDATE: Notices of intent to appoint administrators have been filed for both Peacocks Group and Bonmarché, placing the clothing retailers into a 10-day moratorium until a solution to its difficulties is found.

Peacocks poised to sell Bonmarché

9 January 2012 | By Gina Lovett

Value fashion retailer Peacocks is poised to sell its Bonmarché womenswear chain in the coming weeks.

Bonmarché to expand its business overseas

21 October 2011 | By Tiffany Holland

Value womenswear retailer Bonmarché is eyeing international expansion after bolstering its board with a new brand director.

Peacocks bolsters board with key appointments

14 October 2011 | By George MacDonald

Value fashion group Peacocks has made two senior appointments in key roles.

Banks call in KPMG over Peacocks debt fears

19 September 2011 | By George MacDonald

Lenders to value fashion group Peacocks have called in KPMG to conduct an independent business review as fears grow that the retailer is in danger of breaching its banking covenants.

Peacock Group takes Bonmarché off the market

5 September 2011 | By Ruth Faulkner

The Peacock Group is said to have taken mainstream womenswear chain Bonmarché off the market.

Shortlist unveiled for Drapers Fashion Awards 2011

2 September 2011

The fashion sector’s top performers have been rewarded today with a place on the newly-released shortlist for the 2011 Drapers Fashion Awards.

Riots leave retailers with £100m bill

12 August 2011 | By Lucie Greene

Businesses are picking up the pieces after fashion stores across the country were damaged and looted by worst rioting in living memory.

Retail Trust announces new chairman

13 July 2011 | By Ruth Faulkner

The Retail Trust has announced the appointment of John Lovering as its new chairman.

Duke Street pulls out of Bonmarche sale talks

6 July 2011 | By George MacDonald

Private equity firm Duke Street has abandoned interest in acquiring the Bonmarche business from value fashion group Peacocks.

Future boss of Bonmarché named, if sale goes ahead

27 June 2011 | By Ruth Faulkner

Duke Street, the private equity group, has lined up a new chief executive for mainstream womenswear retailer Bonmarché, should it complete a purchase of the fashion chain.