Tag : bonmarche
Bonmarché 'could make comeback' under DaySubscription
Collapsed retailer Bonmarché has the potential to be successful again if Edinburgh Woollen Mill Group (EWM) owner Philip Day buys it back out of administration, former employees have told Drapers.
Fashion retail’s redundancy crisis at ChristmasSubscription
The festive season looks bleak for thousands of retail workers facing redundancy, many of whom are turning to charity for help.
The industry is calling for government support as scores of retailers across the UK cut head office roles in a bid to reduce costs and combat tough trading conditions.
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.
Bonmarché falls into administrationSubscription
Bonmarché has fallen into administration today, putting 2,900 jobs at risk.
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.