Articles about bonmarche

Bonmarche is set to go public on AIM
Photo credit: Bonmarche

Bonmarche – the women’s fashion chain which caters to the over-50s – is planning to go public on the stock market. Upon announcing its intentions, Bonmarche cited figures gathered by the Office for National Statistics and retail specialists Verdict, which predict that the number of women over the age of 55 – its target demographic – would be 16 per cent higher in 2018 than in 2008.

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Bonmarche reported to be preparing an IPO
Photo credit: Bonmarche

Less than two years after Bonmarche fell into administration, it’s thought its new owners could be considering an initial public offering for the retailer. Sun European Partners, who bought Bonmarche out of pre-pack administration in early 2012, is now reported by Sky News to have appointed Investec to oversee a market debut for the retailer.

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John Lewis named best retailer

John Lewis has been named the UK’s Best Retailer at the Verdict Customer Satisfaction Awards, beating off competition from Bonmarché and Dunelm Mill who took second and third place respectively.

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Primark “shocked and deeply saddened” by Bangladesh factory tragedy, as fatalities rise to 161
Photo credit: My Retail Media

A number of high street retailers have been linked to the companies operating within the Bangladeshi building that collapsed on Wednesday, tragically killing at least 161 people and injuring over 800 others. The eight-story building, Rana Plaza, which housed four garment units, a bank branch and around 300 shops reportedly came crashing down during the early morning rush hour in Savar.

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New hope for Peacocks deal

Thousands of workers at the struggling fashion retailer have been given new hope after it emerged Pakistani billionaire Alshair Fiyaz is working on a rescue bid for the chain. Fiyaz has reportedly teamed up with Danish investment fun Solstra Capital to work on a second-round bid for the group, which is expected on Tuesday.

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Suitors form a line for Peacocks

Up to ten potential buyers are expected to bid on Peacocks today before a potential sale next month.

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Bonmarché snapped up in prepack administration deal

Bonmarché has been snapped up Sun European Partners in a prepack administration deal. The private equity firm bought 230 stores.

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Peacocks sinks into administration

Peacocks has fallen into administration after a management buyout deal collapsed at the last hurdle.

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Bonmarché stores could bare brunt of closures

Half of all Bonmarché stores are facing closure after parent company Peacocks filed a notice of intent to appoint administrators on Monday. Sun Capital is currently the front runner for the chain, and according to sources close to the private equity firm, hopes to buy around 230 of the 397 shops. The remaining Bonmarché stores face closure as restructuring specialist GA Europe and Sun European begin to put together a deal for the retail group.

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Peacocks chief enlists mystery investor to strike a rescue deal

Peacocks chief executive Richard Kirk was reportedly attempting to put an eleventh hour rescue deal together last night in an effort to save the flagging retailer.

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