Peacocks goes into administration
Clothing chain Peacocks fell into administration tonight (Wednesday) - putting some 9,600 jobs at risk.
Professional services firm KPMG said it had been appointed administrator to Peacocks, which owns 611 stores – including one in Hemel Hempstead’s Riverside Shopping Centre – and 49 concessions across the UK, as well as its parent company The Peacock Group.
KPMG said all Peacocks stores remain open as it seeks to find a buyer for the business and no redundancies have been made.
Meanwhile, KPMG said Bonmarche, also owned by The Peacock Group, which employs 3,800 staff and operates some 394 stores, has not entered administration and a buyer is being sought for the business.
Bonmarche filed a notice of intention to appoint administrators on Monday but this allows 10 working days before the appointment of administrators.
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Friday 25 May 2012
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Comments
There are 3 comments to this article
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Lovehemel
Friday, January 20, 2012 at 05:48 PMAnd what exactly is the connection between Peacocks and Leisureworld and ruffled feathers-idiot
reganedward@rocketmail.com
Thursday, January 19, 2012 at 09:50 PMbet this has really ruffled there feathers dont forget which council gave the go ahead to have waally world built i bet there palms were greasy when planning permission got the go ahead.
Funky Monkey
Thursday, January 19, 2012 at 02:07 PMLooks like Peacocks is going along with Past Times that has gone belly up - Blimey there will be nothing left at Riverside soon - They will be knocking it down soon to put a car park and office block on it :-)
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