Peacock Group - apparel and textile industry company news 
UK: High street insolvencies shoot up over Q1
8 May 2012
The number of high street stores entering administration shot up over the first quarter of this year, according to statistics from the Insolvency Service.
UK: Retail administrations up 15% year-on-year
10 April 2012
The number of retailers falling into administration in the first quarter of this year increased by 15% compared with the same period last year, according to research by business advisory firm Deloitte, with this rising to a jump of 64% on the previous quarter.
UK: Morrisons appoints Bettley as clothing director
7 March 2012
Morrisons has confirmed that it has appointed former Peacocks managing director Tim Bettley as director of clothing.
UK: Peacocks buyer hopes to rescue more stores
27 February 2012
The buyer of collapsed retailer Peacocks has revealed that he hopes to re-open up to 75 stores and is in the process of re-employing 60 staff made redundant by administrators at the retailer's Cardiff headquarters.
Top stories on just-style this week...
24 February 2012
Top stories on just-style this week included our report on a shooting at an apparel factory in Cambodia, a report on the future of Colombian export, and a strike at the Bangladesh head office of thread and yarn supplier Coats.
UK: Edinburgh Woollen Mill buys Peacocks
22 February 2012
Scottish retailer Edinburgh Woollen Mill has won the race to buy collapsed UK discount fashion retailer Peacocks, it was revealed today (22 February), with the sale protecting 6,000 jobs but also leading to more than 3,100 redundancies.
UK: Clothing sales to receive Olympics "boost"
13 February 2012
UK clothing industry sales are forecast to increase 4.2% during 2012, with growth largely attributable to the London Olympics, according to research from Keynote.
UK: Billionaire poised to make surprise Peacocks bid?
6 February 2012
A Pakistani billionaire has emerged as a surprise contender to buy UK discount fashion retailer Peacocks, according to media reports, as administrators near their deadline to secure a rescue bid for the collapsed chain.
Top stories on just-style this week...
27 January 2012
Top stories on just-style this week included speculation around Bangladesh's rise as a sourcing hotspot, JC Penney's plans to overhaul its offer and Sun European Partners' plans for UK retailer Bonmarche.
UK: Peacocks sale sees "huge interest" from potential buyers
26 January 2012
The administrators of UK discount fashion retailer Peacocks today (26 January) said they have received "huge interest" from potential buyers.
UK: Bonmarché sale to see 160 stores shut
23 January 2012
The Bonmarché chain owned by collapsed fashion retail group Peacocks has been sold to private equity company Sun European Partners, but about 160 stores will close as a result.
UK: Asda to invest GBP500m in stores, logistics
23 January 2012
UK supermarket chain Asda will create 5,000 jobs as part of a GBP500m (US$777m) investment in the business this year.
UK: Pumpkin Patch goes into administration
20 January 2012
The UK arm of children's clothing retailer Pumpkin Patch today (20 January) called in the administrators after becoming the latest casualty of the slump in consumer spending.
UK: Clothing and footwear helped lift December retail sales
20 January 2012
Heavy discounting by clothing and footwear stores in the run-up to Christmas contributed to a 0.6% rise in UK retail sales volume in December, according to official retail figures released today (20 January).
Top stories on just-style this week...
20 January 2012
Among the most-read stories on just-style this week was a report that Chinese clothing and textile manufacturers have instigated new wage rises, Limited Brands hit back at allegations child labour is used on farms in Burkina Faso that grow Fairtrade organic cotton used in Victoria's Secret garments, and 249 jobs were axed as value clothing retailer Peacocks went into administration.
UK: Peacocks administrators axe 249 HQ jobs
19 January 2012
The joint administrators in UK value clothing retailer Peacocks today (19 January) said 249 head office staff are to lose their jobs.
UK: ABF reports Primark sales growth
19 January 2012
Value fashion retailer Primark today (19 January) reported a rise in sales in the 16 weeks to 7 January, but admitted that operating margin fell as a result of higher cotton costs.
UPDATE: UK: Peacocks enters administration
18 January 2012
Peacocks has formally entered administration this-afternoon (18 January), with KPMG appointed as administrators to the UK value clothing retailer.
UK: Peacocks rescue bid “may fail”
18 January 2012
A possible rescue of beleaguered value fashion retailer The Peacock Group was in danger of failing today (18 January), putting 10,000 jobs at risk.
UK: Peacocks and Bonmarche to call in administrators
16 January 2012
Value retailer The Peacock Group today (16 January) said it intended to appoint administrators after restructuring talks with investors fell through.
UK: La Senza reportedly facing restructuring
14 December 2011
Lingerie retailer La Senza is thought to be the latest victim of tough trading conditions on the UK high street after reportedly calling in accountancy firm KPMG to advise on a range of restructuring options.
UK: 4000 jobs at risk at Barratts falls into administration
9 December 2011
Nearly 4,000 jobs are at risk after the owner of the Barratts and Priceless Shoes footwear shops collapsed into administration yesterday (8 December) after a downturn in trading.
UK: Peacocks coy on store closure rumours
9 December 2011
UK fashion chain Peacocks is remaining tight-lipped on reports that it may close some 200 stores as it looks to restructure around GBP240m (US375m) in debts.
UK: Goldman Sachs "in talks" to increase Peacocks stake
28 November 2011
Investment bank Goldman Sachs is reportedly in talks to becoming the biggest shareholder in UK fashion chain Peacocks.
UK: Retailers urged to take action to end sweatshops
16 September 2011
Campaigners are using the start of London Fashion Week to step up calls for high street retailers to take more action to end poverty pay for overseas workers.
just-style management briefing: Industry action on inappropriate children's wear
5 August 2011
Working conditions in the supply chain and environmental concerns may have been the primary CSR hotspots for the clothing sector in recent years, but this year has brought into clear relief the level of public concern over the commercialisation and sexualisation of children.
UK: Duke Street in Bonmarché talks – reports
27 June 2011
Discount fashion retailer Bonmarché could be acquired by private equity business Duke Street, according to press reports in the UK.
Sizing workshop measures up consumer needs
17 June 2011
Experts in fashion sizing believe that providing the right fit is growing in importance, as consumers demand more for their money.
UK: Retailers sign up to guidance on children's wear
6 June 2011
Retailers are being urged to sign up to new 'good practice' guidelines for stores selling children's clothing, joining firms including George, Next, Marks & Spencer, Sainsbury's and Tesco who helped develop the code.
UK: Peacocks names Allan Leighton as chairman
25 May 2011
Budget fashion retailer Peacocks Stores Limited has confirmed the appointment of former Asda chief executive Allan Leighton as its new chairman.
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