Bonmarche news and archive

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...

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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...