UK: Debenhams, EWM in for Jane Norman – reports

By | 24 June 2011

Struggling fashion retailer Jane Norman is attracting interest from a number of suitors, including Debenhams, Edinburgh Woollen Mill, Aurora Fashions and Sun Capital, according to reports.

The chain, which has about 90 stores across the UK and a number of concessions in Debenhams stores, has been put up for sale by the 15 banks which control the vast majority of its shares.

It is understood that Debenhams has tabled a bid for the Jane Norman trading name and stock, but not the stores, mirroring the kind of deal the department store did to acquire the Principles and Faith brands.

However, Edinburgh Woollen Mill is reported to be keen to keep a number of the stores, as is Aurora, owner of Oasis, Coast and Karen Millen.

Meanwhile, private equity firm Sun Capital Partners is also believed to have expressed interest in the fashion retailer.

Reports suggest that Debenhams may be in a strong position to win the race, since it would be able to terminate Jane Norman’s concessions in its stores if a rival bidder wins control.

None of those involved were willing to comment on the reports.

Sectors: Apparel, Retail

Companies: Debenhams

View next/previous articles

Currently reading -

UK: Debenhams, EWM in for Jane Norman – reports

There are currently no comments on this article

Be the first to comment on this article

Related research

UK Customer Insight 2011: Debenhams - Clothing

UK Customer Insights 2011 are based around individual retailers and provide a highly detailed, data-rich overview of a retailer's customers, drawing on a nationwide survey of 6,000 shoppers each year....

Department Stores in the United Kingdom

Datamonitor's Department Stores in the United Kingdom industry profile is an essential resource for top-level data and analysis covering the Department Stores industry. It includes data on market size and segmentation, plus textual and graphical anal...

Where Britain Shops Department Stores 2011

Verdict Research: Where Britain Shops Department Stores 2011 provides a comprehensive analysis of the shopping habits of British consumers. It presents a detailed examination of customer profiles, demographics and socio-economic trends. It explores c...

Related articles

just-style's research round-up

Featured reports from just-style's research store this week include a look into the clothing, accessories and luxury retail channels in India, a market research report on the apparel manufacturing sector in the UK and a SWOT analysis of department store chain Debenhams.

UK: Debenhams posts 21% full-year profit jump

UK department store chain Debenhams has reported a jump in full-year net income on the back of rising sales.

WRC 2011: Retailers should focus their online offer on men

CBRE executive director Peter Gold has called for retailers to focus their online offers on men, after research found they shop over the internet nearly twice as often as women.

Tag line

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page