Tag : Philip Day
Bonmarché may close 100 stores if not soldSubscription
Bonmarché has earmarked around a third of its store portfolio for closure if the business cannot be sold, Drapers understands.
Industry sources speculated this week that Edinburgh Woollen Mill owner Philip Day would buy back Bonmarché out of administration, while observing there was “a lot of work to do” to revive the failed value retailer.
Sports Direct frontrunner for Jack Wills sale Subscription
The private equity owner of Jack Wills, BlueGem, is reportedly close to agreeing a sale of the business to Sports Direct’s Mike Ashley.
Philip Day makes bid for Jack Wills Subscription
Philip Day, who owns Edinburgh Woollen Mill, has put in an initial bid for struggling lifestyle retailer Jack Wills.
Bonmarché’s last major shareholder has sold out to Philip Day, and the Edinburgh Woollen Mill Group (EWM) owner can now take the company private.
Bonmarché bosses sell stakes to Philip DaySubscription
Two of Bonmarché’s top management team have sold their entire stakes in the business to Edinburgh Woollen Mill owner Philip Day.
Bonmarché board U-turns on Philip Day takeover Subscription
The board of Bonmarché is now advising shareholders to accept Edinburgh Woollen Mill owner Philip Day’s offer for the business, amid further tough trading at the struggling value retailer.
Philip Day’s Spectre Holdings has deemed Bonmarché’s plans to return the retailer to profitability insufficient.
The directors of value womenswear retailer Bonmarché have implored shareholders to reject a takeover bid by Edinburgh Woollen Mill owner Philip Day.
Day's routes to rehabilitate Bonmarché Subscription
It was lining up to be the next retail victim to hit the headlines: a high street chain struggling to survive amid a series of profit warnings. That was until Bonmarché’s white knight arrived in the shape of retail tycoon Philip Day.