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Edinburgh Woollen Mill and Bonmarche Skirt Shutdown

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

An international group is giving bankrupt Edinburgh Woollen Mill a new lease on life, and staving off a full-blown shutdown. Word surfaced Tuesday that an international investor group has acquired fashion company, along with the Ponden Home and Bonmarche retail chains. BBC reported that Sir Philip Day will loan the group funds to acquire the…

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