Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Peacocks considers sale of Bonmarché

The Peacock Group is reported to be exploring options for Bonmarché, which could lead to a sale of the mainsteam womenswear chain.

According to a report in The Sunday Telegraph, the privately-owned Peacock Group, which also owns the Peacocks chain, has appointed corporate firm DC Advisory Partners to look at options for Bonmarché.

The potential price-tag attached to Bonmarché is unclear.

The Peacock Group bought the Bonmarché business, which has 380 stores, in 2002 for more than £50m.

In January the Group reported that group sales had risen from £679.1m to £720.9m for the year to April 3, 2010. EBITDA rose from £64m to £77.2m for the same period.

Last month The Peacock Group appointed headhunter, Heidrick & Struggles to find a chairman, prompting speculation that an IPO maybe on the cards.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.