Are all Ewm shops closing down?
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The administrators FRP said the remaining 85 Edinburgh Woollen Mill stores and 34 Ponden Home stores would remain permanently closed, with 485 staff being made redundant.
Is Edinburgh Woollen mill closing?
EWM Group, which owns Peacocks, Jaeger, Bonmarché, and the eponymous Edinburgh Woollen Mill, collapsed into administration last year. The retailers were subsequently bought back by an international investment consortium, backed by EWM’s chief operating officer Steve Simpson.
Where are Edinburgh Woolen Mill clothes made?
The company primarily manufactures its clothing in Bangladesh and has signed the Accord on Fire and Building Safety in Bangladesh as part of its commitment to improved factory conditions.
How many stores does Edinburgh Woollen mill have?
Edinburgh Woollen Mill which has 384 stores across the UK, and 2,571 staff has called in administrators, Tony Wright and Alastair Massey, partners at FRP Advisory.
Which EWM stores are saved?
Retail chains Edinburgh Woollen Mill, Ponden Home and Bonmarché have been saved from administration, in a move that will protect 2,000 high street jobs. The takeover deal will save thousands of workers, however 260 stores will still close, administrators have warned.
Which Edinburgh wool shops are closing?
However, 85 Edinburgh Woollen Mill and 34 Ponden Home stores have been permanently closed as part of the agreement. Ponden Home previously had a branch in Weymouth. Another sister brand to EWM, fashion chain Peacocks, remains in administration.
Why is Edinburgh Woollen Mill closing down?
Edinburgh Woollen Mill entered administration in November 2020, placing thousands of jobs at risk nationwide. It blamed the lockdown and low footfall since reopening in the summer. The clothing retail group’s Ponden Home homeware chain also entered administration at the same time.
Who owns Edinburgh wool?
Edinburgh Woollen Mill
|The Edinburgh Woollen Mill
|Number of employees
|Ponden Homes Bonmarché
Is Edinburgh Woolen Mill reopening?
The boss of a branch of Edinburgh Woollen Mill that was saved when the company was taken over said many were not aware it had reopened. The store in Severn Road, Welshpool, reopened on April 12 after the business was bought out of administration by Purepay Retail Limited.
Are all Bonmarche shops closing down?
All stores currently remain open while the future of the company is assessed. The retailer was latterly owned by Edinburgh Woollen Mill boss Philip Day’s investment vehicle Spectre Holdings, after Day succeeded in building up an 82% stake in the business in mid-2019.
Are EWM in administration?
EWM, which also owns Peacocks and Jaeger, went into administration last year, putting 24,000 jobs at risk. Marks & Spencer said on Monday it was in the final stages of buying Jaeger from its administrators as part of a strategy to bolster its clothing division with new names, while Peacocks is still in administration.