Peacocks and Jaeger fall into administration, threatening 4,700 jobs
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. It comes less than a fortnight after two other brands in the EWM group – Edinburgh Woollen Mill and Ponden Hill – were plunged into administration, leaving 866 people without employment and permanently shuttering 64 stores. “Jaeger and Peacocks are attractive brands that have suffered the well-known challenges that many retailers face at present,” said joint administrator Tony Wright, from FRP Advisory. Founded in 1946, the Carlisle-based Edinburgh Woollen Mill specialised in knitware and homeware, and is owned by entrepreneur Philip Day, whose EWM group employs more than 20,000 people.
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