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Edinburgh Woollen Mill and Bonmarche Skirt Shutdown

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

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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