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Business

Rescue deal struck for Edinburgh Woollen Mill and Bonmarché

Edinburgh Woollen Mill (EWM), Bonmarché and Ponden Home - which were all part of Philip Day’s collapsed EWM Group - have reportedly been saved after their administrators struck a deal with international investors. Administrators at FRP Advisory have issued sale contracts to the potential buyer, in a deal that could save up to 2,500 jobs and 300...

12 Jan 2021