Thursday, November 26, 2020

Edinburgh Woollen Mill: What went wrong?

Edinburgh Woollen Mill Group Ponden Home administration Peacocks Jaeger FRP Advisory Philip Day Steve Simpson Spectre Austin Reed Bonmarche Jane Norman Days Department Store

Edinburgh Woollen Mill Group’s problems were imminent at the start of 2020 when owner Philip Day made around 100 redundancies in the group across head office and business function roles. Retail Gazette looks at why the eponymous Edinburgh Woollen Mill and Ponden Homes fell into administration, and how sister brands can avoid a similar fate.

Edinburgh Woollen Mill Group Ponden Home administration Peacocks Jaeger FRP Advisory Philip Day Steve Simpson
Edinburgh Woollen Mill Group Ponden Home administration Peacocks Jaeger FRP Advisory Philip Day Steve Simpson

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