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Edinburgh Woollen Mill and Bonmarche Skirt Shutdown

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

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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