Bonmarche administration wipes out Philip Day’s £5.7m stake

Philip Day Bonmarche Spectre Holdings Edinburgh Woollen Mill Helen Connolly

Philip Day has lost his £5.73 million equity investment in fashion retailer Bonmarche, following its collapse into administration last month.

Day’s Dubai-registered company Spectre Holdings, saw its multi-million investment wiped out when Bonmarche bosses called in administrators from specialist advisory firm FRP.

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