Peacocks

Peacocks, Bonmarché and Edinburgh Woollen Mill (EWM) have returned to profitability in the latest financial year after the businesses were bought out of administration in 2021, Drapers can reveal.

Value fashion retailers including Pavers, Peacocks, Trespass and Shoe Zone are all opening more stores this year as they have seen opportunities in second-tier high streets. Stephen Henderson and Tom Whittington, directors at Savills, discuss the factors that have driven the trend.

Peacocks, Bonmarché and Edinburgh Woollen Mill (EWM) are looking to open 100 UK stores in the next 18 months as part of a large expansion plan, Drapers can reveal.

Value fashion chain Peacocks is looking to open more than 20 stores in former M&Co sites, Drapers can reveal.

Former Peacocks employees have today won a year-long legal battle after an employment tribunal ruled that the retailer failed to properly consult over redundancies.

Frasers Group has confirmed that it submitted an expression of interest in Peacocks, but was “frustrated” to have not been provided key financial information throughout the process.

Peacocks Stores Limited’s unsecured creditors, including suppliers and landlords, are owed £70.2m, a report from administrator FRP Advisory has shown.

Philip Day has stepped away from Edinburgh Woollen Mill Limited, Bonmarché and Ponden Home, but industry sources are not convinced that he has packed up his retail bags for good.

Edinburgh Woollen Mill Limited, Bonmarché and Ponden Home have been sold to international investment consortium Purepay Retail Limited, resulting in store closures and hundreds of redundancies.