Bonmarche news and archive

Peacocks, Bonmarché and EWM return to profitability following administrations

High street retailers Peacocks, Edinburgh Woollen Mill (EWM) and Bonmarché, part of Purepay Retail Ltd’s portfolio, have each reported a return to profitability after filing for administration in 2020. Together with sister brand Ponden Home, the EWM and Bonmarché’s parent company saw a “robust” turnover for the trio of 195.094 million pounds for...

Business

Rescue deal struck for Edinburgh Woollen Mill and Bonmarché

Edinburgh Woollen Mill (EWM), Bonmarché and Ponden Home - which were all part of Philip Day’s collapsed EWM Group - have reportedly been saved after their administrators struck a deal with international investors. Administrators at FRP Advisory have issued sale contracts to the potential buyer, in a deal that could save up to 2,500 jobs and 300...

BusinessFeatured

Bonmarché falls into administration

British fashion chain Bonmarché has fallen into administration, putting more than 1,500 jobs at risk. The company, which has 225 stores in the UK, is owned by British retail tycoon Philip Day, whose other chains Edinburgh Woollen Mill, Peacocks, Jaeger and Ponden Home fell into administration last month. Bonmarché has appointed administrators...

Business

Bonmarché warns of 'worse' trading conditions ahead

Taking a cautious approach to its forecast and assuming that sales will not show any significant improvement before the end of March 2019, Bonmarché now estimates that underlying PBT will be in the range of breakeven to a loss of 4 million pounds for the current financial year. The company said, mid-point of this range corresponds to a store LFL...

Fashion Featured

M&S, Bonmarché & Nygård urged to compensate Cambodian workers

London - Marks & Spencer, Bonmarché and Nygård are being called upon step forward and take responsibility for the compensation of 208 workers in Cambodia, who were left without jobs or salaries following the sudden closure of a garment factory. On July 1, 2016, 208 garment factory workers at the Chung Fai Knitwear Factory in Phnom Penh,...

BusinessFeatured

Retailers lack contingency plan for Brexit as majority votes to remain

London - As Britons across the country flock to cast their vote today for the EU referendum and each side makes their final pleas, retailers still lack a solid plan in the event of a Brexit. A photo posted by Wolfgang Tillmans (@wolfgang_tillmans) on Jun 20, 2016 at 8:49am PDT Previous research from e-commerce Global-E indicated that six in ten...