Retail mogul Philip Day strikes deal to rescue Edinburgh Woollen Mill with 1,453 jobs and 246 stores saved By City & Finance Reporter for the Daily Mail Published: 22:00 GMT, 12 January 2021 | Updated: 22:19 GMT, 12 January 2021 The owner of Edinburgh Woollen Mill has secured a deal to rescue the brand The … Read more
Farmers are turning ‘worthless’ woollen fleeces into compost because prices plunged by more than 60% a kilo after export markets closed amid Covid pandemic The value of sheep wool has plummeted in recent years from 87p a kilo to 33p Shepherd Stuart Fletcher, 40, from Stonegate, East Sussex, forced to compost Half of British … Read more
High street chains Edinburgh Woollen Mill and Ponden Home have collapsed into administration with 866 jobs axed and hundreds more under threat. A total of 64 stores – 56 Edinburgh Woollen Mill and eight Ponden Home – will stay permanently closed. The remaining 328 EWM and 65 Ponden Home stores will continue to trade, Covid-19 … Read more
High street chains Edinburgh Woollen Mill and Ponden Home collapse into administration with the loss of 866 jobs and closure of 64 stores A total of 64 stores under the Edinburgh Woolen Mill and Ponden Home fascias They will remain permanently closed while remaining stores continue to trade Bosses at EWM’s other brands were granted … Read more
Jaeger and Peacocks owner Edinburgh Woollen Mill is on the brink of collapse putting 24,000 jobs at risk after sales were hit by lockdown Company owned by billionaire Phillip Day is under threat of collapsing It blamed the strict lockdown and new local measures for business drying up If it goes under it will be … Read more