// Edinburgh Woollen Mill owes creditors around £192 million
// The retailer collapsed into administration in November
Edinburgh Woollen Mill reportedly owes its creditors, including suppliers and landlords, around £192 million, according to a report from administrator FRP Advisory.
The retailer, owned by Philip Day’s Edinburgh Woollen Mill Group – which also includes the Country Casuals chain – collapsed into administration in November.
A notice of administrators’ proposals report shows that as of December 24, all creditors were owed £191.6 million, Drapers reported.
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At the time of administration, the group permanently closed 56 Edinburgh Woollen Mill stores along with eight Ponden Home shops, axing 866 jobs and putting a further 1821 jobs under threat.
The remaining 328 Edinburgh Woollen Mill and 65 Ponden Home stores will continue to trade, Covid-19 restrictions permitting, while a buyer is sought.
Among the suppliers and landlords owed include:
- Bengal Knittex Limited – $576,746 (£423,524)
- Clipper Logistics – £179,429
- Colliers International, 328-Bromsgrove – £36,735
- Colliers International, 50 George Street – £31,044
- Craghoppers Limited (concession), Manchester – £43,867
- Mountain Warehouse, London – £31,115
- National Grid UK Pension Scheme – £115,628
- Pavers Limited, York – £22,507
- Regatta Limited, Manchester – £21,552
- Riverside Sweaters Limited, Dhaka – $62,860 (£46,160)
- Skopes (concession), Leeds – £15,695
- Smile Outfits Limited, Bangladesh – $672,613 (£493,923)
- Southern Designers Limited, Bangladesh – $192,778 (£141,563)
- Tarakie Garments (Voguetex), Kohuweta $62,072 (£45,581)
- Trendywear, Kadawatha £278,771
- Vijay Fashions, Manchester £33,396
Meanwhile, Peacocks, which is also owned by Edinburgh Woollen Mill Group, filed for administration in November alongside Jaeger, Edinburgh Woollen Mill, and Ponden Home.
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