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The Edinburgh Woollen Mill acquired Ponden Mill (later Ponden Homes) in January 2008, Peacocks in February 2012, and Bonmarché in April 2019. [3] [4] [5] The retailer also owned Jane Norman, before closing it in May 2018. [6] In April 2021, Peacocks was moved to a separate sister company. [7]
On 25 November 2020, the Chancellor of the Exchequer delivered a Spending Review which revealed that the United Kingdom will face the worst slump in 300 years due to the impact of COVID-19. The anticipated slump this year will be near to −10%, such significant economic decline that it could surpass the Great Frost of 1709 .
On 6 April 2021, it was announced that Peacocks had been brought out of administration by a senior executive backed by an international consortium of investors, called Green Spark Holdings Limited. The Edinburgh Woollen Mill Group's chief operating officer Steve Simpson will take over the business, saving 2000 jobs and 200 stores. [12]
On 28 June 2011, in a pre pack deal, the brand and thirty three stores were sold to Edinburgh Woollen Mill. [4] The company went into administration again on 26 June 2014. [ 5 ] It was purchased out of administration by The Edinburgh Woollen Mill , which then operated the brand as an in store concession and online retailer.
The Woollen Mill (in reality Stevenson's close family) owned several National Hunt racehorses, with Gordon W. Richards as trainer. [ 11 ] [ 9 ] His Irish son-in-law Ger Lyons is also a successful racehorse trainer, [ 12 ] [ 13 ] with his own daughter Kerri among his staff, [ 14 ] [ 15 ] while Ian Stark , Scottish Olympic medallist in Eventing ...
May 6—A North Idaho lumber mill will close this summer as timber companies face strains from tight operating margins. Despite still earning a profit at the mill, Stimson Lumber Company will ...
GEORGETOWN, S.C. (WCBD) – International Paper has announced the permanent closing of its Georgetown Pulp and Paper Mill, expected to impact 600-700 workers. Officials say the mill will shut down ...
Dozens of flights cancelled or diverted after closure of Scotland’s busiest airport