Peacocks faces closure

October 27 2020


EMERSONS Green's Peacocks clothing store could face closure after its owner said it intended to call in administrators.
The store at the Emersons Green Retail Park has "closing down sale" posters in its windows.
Owner Edinburgh Woollen Mill Group has filed a notice of intention to appoint administrators, which provides protection from its creditors for 10 days.It operates about 1,100 stores, which also include Jaeger, Ponden Home and the Edinburgh Woollen Mill brand.
EWM Group's media representatives did not respond to a request from the Voice to confirm whether a closing date for the store had been set.
As the Voice went to print unconfirmed reports in industry newspaper Retail Gazette said a deal to rescue Peacocks separately from the rest of the group was being discussed.
Business advisors FRP, who have been called in by EWM Group, said: "Our team is working with the directors of a number of the Edinburgh Woollen Mill Group subsidiaries to explore all options for the future of its retail brands Edinburgh Woollen Mill, Jaeger, Ponden Mill, and Peacocks.”