Edinburgh Woollen Mill Group

Peacocks, Bonmarché and Edinburgh Woollen Mill (EWM) have returned to profitability in the latest financial year after the businesses were bought out of administration in 2021, Drapers can reveal.

Peacocks, Bonmarché and Edinburgh Woollen Mill (EWM) are looking to open 100 UK stores in the next 18 months as part of a large expansion plan, Drapers can reveal.

Marks & Spencer is set to roll out heritage brand Jaeger to another 20 of its stores across the UK.

Value fashion chain Peacocks is looking to open more than 20 stores in former M&Co sites, Drapers can reveal.

Jaeger will launch in 14 more M&S stores across the UK and Ireland before the end of May.

Former Peacocks employees have today won a year-long legal battle after an employment tribunal ruled that the retailer failed to properly consult over redundancies.

Edinburgh Woollen Mill (EWM) Group chairman John Herring has told Bangladeshi suppliers that the brands’ new owners will buy stock that is sitting in factories ready to ship, made for previously cancelled orders, Drapers can reveal.

Frasers Group has confirmed that it submitted an expression of interest in Peacocks, but was “frustrated” to have not been provided key financial information throughout the process.

Several Peacocks suppliers have called for outstanding debts to be paid as former owner Philip Day exits the business amid a sale to an anonymous investment consortium.

Marks & Spencer has appointed former River Island managing director of new business development, Fiona Lambert, as managing director of Jaeger.