Bonmarche collapses again as retail bloodbath deepens
Directors are hoping to strike a rescue offer and reported no redundancies would be made or shops closed in the meantime.
Bonmarché has 225 shops all over the Uk, having closed thirty when it very first went into administration in October 2019 as it battled rising fees and the risk from on the net searching.
It was rescued at the time by rival Peacocks – part of retail tycoon Philip Day’s Edinburgh Woollen Mill Team.
Peacocks and several other EWM Team brands went into administration very last month.
Based mostly in Wakefield, Bonmarché traces its roots back again to 1982. Founder Parkash Singh Chima begun marketing outfits doorway-to-doorway and in markets, in advance of opening his very first store in Doncaster in 1985.
Damian Webb, of directors RSM, said: “Bonmarche remains an interesting manufacturer with a faithful client base. It is our intention to continue on to trade while working closely with administration to examine the alternatives for the enterprise.
“We will soon be advertising and marketing the enterprise for sale, and primarily based on the curiosity to day we anticipate there will be a range of fascinated events.”
