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The Independent
Edinburgh Woollen Mill: Nearly 900 jobs lost as two brands enter administration
© Provided by The Independent Some 866 jobs have been lost and hundreds more are under threat after Edinburgh Woollen Mill and Ponden Hill collapsed into administration.
A total of 64 stores will remain permanently closed whilst remaining outlets continue to trade as administrators seek a buyer.
Separately, bosses at Jaeger and Peacocks - which are both owned by Edinburgh Woollen Mill - have been granted another extension by the High Court to avoid administration, to allow for a possible rescue deal to be secured with circling suitors.
More follows.
vendredi 6 novembre 2020 20:15:37
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The Independent