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Edinburgh Woollen Mill
Edinburgh Woollen Mill (EWM) is a Carlisle-based retailer specialising in clothing, along with interests in homewares and destination shopping for tourists. It was previously owned by the Dubai-based British billionaire Philip Day. The company's core Edinburgh Woollen Mill stores have traditionally targeted men and women over the age of 40, but the business has expanded into new markets in recent years, most notably through the acquisition of value fashion retailer Peacocks in 2012. In May 2018, Edinburgh Woollen Mill announced plans to move their HQ from Langholm to Carlisle. History The company was founded in 1946 by Drew Stevenson as the Langholm Dyeing and Finishing Company Limited, dyeing wool yarn to order. His eldest son David, until recently the chairman of the EWM Group, opened the first retail store in Randolph Place, Edinburgh, in 1970. In 1972, the first English store was opened in Carlisle. Having been owned by several equity holdings over the previous decade the ...
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Edinburgh Woollen Mill
Edinburgh Woollen Mill (EWM) is a Carlisle-based retailer specialising in clothing, along with interests in homewares and destination shopping for tourists. It was previously owned by the Dubai-based British billionaire Philip Day. The company's core Edinburgh Woollen Mill stores have traditionally targeted men and women over the age of 40, but the business has expanded into new markets in recent years, most notably through the acquisition of value fashion retailer Peacocks in 2012. In May 2018, Edinburgh Woollen Mill announced plans to move their HQ from Langholm to Carlisle. History The company was founded in 1946 by Drew Stevenson as the Langholm Dyeing and Finishing Company Limited, dyeing wool yarn to order. His eldest son David, until recently the chairman of the EWM Group, opened the first retail store in Randolph Place, Edinburgh, in 1970. In 1972, the first English store was opened in Carlisle. Having been owned by several equity holdings over the previous decade the ...
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Edinburgh
Edinburgh ( ; gd, Dùn Èideann ) is the capital city of Scotland and one of its 32 Council areas of Scotland, council areas. Historically part of the county of Midlothian (interchangeably Edinburghshire before 1921), it is located in Lothian on the southern shore of the Firth of Forth. Edinburgh is Scotland's List of towns and cities in Scotland by population, second-most populous city, after Glasgow, and the List of cities in the United Kingdom, seventh-most populous city in the United Kingdom. Recognised as the capital of Scotland since at least the 15th century, Edinburgh is the seat of the Scottish Government, the Scottish Parliament and the Courts of Scotland, highest courts in Scotland. The city's Holyrood Palace, Palace of Holyroodhouse is the official residence of the Monarchy of the United Kingdom, British monarchy in Scotland. The city has long been a centre of education, particularly in the fields of medicine, Scots law, Scottish law, literature, philosophy, the sc ...
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Administration (law)
As a legal concept, administration is a procedure under the insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent entities and allows them to carry on running their business. The process – in the United Kingdom colloquially called being "under administration" – is an alternative to liquidation or may be a precursor to it. Administration is commenced by an administration order. A company in administrative receivership is operated by an administrator (as interim chief executive with custodial responsibility for the company's assets and obligations) on behalf of its creditors. The administrator may recapitalize the business, sell the business to new owners, or demerge it into elements that can be sold and close the remainder. Most countries distinguish between voluntary (board-decided) and involuntary (court-decided) receivership. In voluntary administrative receivership, the administ ...
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COVID-19 Pandemic In The United Kingdom
The COVID-19 pandemic in the United Kingdom is a part of the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). In the United Kingdom, it has resulted in confirmed cases, and is associated with deaths. The virus began circulating in the country in early 2020, arriving primarily from travel elsewhere in Europe. Various sectors responded, with more widespread public health measures incrementally introduced from March 2020. The first wave was at the time one of the world's largest outbreaks. By mid-April the peak had been passed and restrictions were gradually eased. A second wave, with a new variant that originated in the UK becoming dominant, began in the autumn and peaked in mid-January 2021, and was deadlier than the first. The UK started a COVID-19 vaccination programme in early December 2020. Generalised restrictions were gradually lifted and were mostly ended by August 2021. A third wave, ...
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Bangladesh Garment Manufacturers And Exporters Association
Bangladesh Garment Manufacturers and Exporters Association or BGMEA ( bn, বাংলাদেশ তৈরি পোশাক প্রস্তুত ও রপ্তানিকারক সমিতি) is a nationwide trade organization of garments manufacturers in Bangladesh and is located in the capital city of Dhaka. It plays a pivotal role in the country's earning sector of foreign trades. History BGMEA was founded in 1983. BGMEA University of Fashion and Technology is owned by the trade body. The trade body has a research wing. BGMEA Bhaban BGMEA Bhaban (''BGMEA Building'') is a 16-storey building that is the headquarters of BGMEA and is located in Hatirjheel, Dhaka. The foundation of the building was placed in 1998 by then Prime Minister Sheikh Hasina. In 2006 it was inaugurated by then Prime Minister Khaleda Zia. The building was built illegally on canal land. On 3 April 2011 Bangladesh High Court ordered the building to be demolished. The court in its verdict de ...
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Carmarthen
Carmarthen (, RP: ; cy, Caerfyrddin , "Merlin's fort" or "Sea-town fort") is the county town of Carmarthenshire and a community in Wales, lying on the River Towy. north of its estuary in Carmarthen Bay. The population was 14,185 in 2011, down from 15,854 in 2001, but gauged at 16,285 in 2019. It has a claim to be the oldest town in Wales – ''Old Carmarthen'' and ''New Carmarthen'' became one borough in 1546. It was the most populous borough in Wales in the 16th–18th centuries, described by William Camden as "chief citie of the country". Growth stagnated by the mid-19th century as new settlements developed in the South Wales Coalfield. History Early history When Britannia was a Roman province, Carmarthen was the civitas capital of the Demetae tribe, known as Moridunum ("Sea Fort"). It is possibly the oldest town in Wales, recorded by Ptolemy and in the Antonine Itinerary. The Roman fort is believed to date from about AD 75. A Roman coin hoard was found nearby in 20 ...
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British Home Stores
British Home Stores, commonly abbreviated to BHS and latterly legally styled BHS Ltd, was a British department store chain, primarily selling clothing and household items. In its later years, the company began to expand into furniture, electronics, entertainment, convenience groceries and fragrance and beauty products. The company was founded in 1928 by a group of U.S. entrepreneurs, and had a total of 163 stores mainly located in high streets or shopping centres by the time of its closure in 2016, as well as 74 international stores across 18 separate territories. BHS was previously a constituent of the FTSE 100 Index, but was bought by Sir Philip Green in 2000 and taken private. The company became part of Green's Arcadia Group in 2009. Following a number of loss-making years, the company was sold to the consortium Retail Acquisitions Ltd led by the serial bankrupt Dominic Chappell, in March 2015 for the nominal price of £1. In April 2016, 13 months after the purchase by Ret ...
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Better Capital
Better Capital is a British Private equity firm founded by Jon Moulton in 2009. Investments Better Capital has had investments in the following companies: * City Link (in administration, December 2014) * Everest * Fairline Boats (sold to Wessex Bristol in 2015) * Jaeger (entered administration in April 2017) In 2020, the firm delisted from the stock market after their investee companies suffered huge disruption to their businesses during the COVID-19 pandemic The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identif .... Former Investments *Northern Aerospace Limited References External links Official website Private equity firms of the United Kingdom {{private-equity-stub ...
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Jaeger (clothing)
Jaeger ( ) is an English fashion brand and retailer of womenswear and menswear. Traditionally known for a classic 'twinset and pearls' image and the use of high-quality natural fibres, it has focused on updating its brand image since 2008, when it first appeared at London Fashion Week. Formerly owned by the retail entrepreneur Harold Tillman, the company was purchased in 2011 by the private equity firm Better Capital. In 2017, it was announced that Jaeger had entered administration. It was subsequently reported that Edinburgh Woollen Mill was buying the Jaeger brand, but not the company itself. In January 2021, it was announced that Marks & Spencer was acquiring the Jaeger brand, but not Jaeger's stores, for £5 million. Company history Jaeger was established by British businessman Lewis Tomalin as 'Dr Jaeger's Sanitary Woollen System Co Ltd' in 1884, capitalising on a craze for wool-jersey long johns inspired by the theories of German scientist Dr Gustav Jaeger. Jaeger's wr ...
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Retailer
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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Fashion
Fashion is a form of self-expression and autonomy at a particular period and place and in a specific context, of clothing, footwear, lifestyle, accessories, makeup, hairstyle, and body posture. The term implies a look defined by the fashion industry as that which is ''trending''. Everything that is considered ''fashion'' is available and popularized by the fashion system (industry and media). Given the rise in mass production of commodities and clothing at lower prices and global reach, sustainability has become an urgent issue among politicians, brands, and consumers. Definitions The French word , meaning "fashion", dates as far back as 1482, while the English word denoting something "in style" dates only to the 16th century. Other words exist related to concepts of style and appeal that precede ''mode''. In the 12th and 13th century Old French the concept of elegance begins to appear in the context of aristocratic preferences to enhance beauty and display refinement, an ...
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Austin Reed (retailer)
Austin Reed was a British fashion retailer founded in 1900, and the brand was acquired by Edinburgh Woollen Mill in 2016. History Austin Reed was founded by tailor Austin Leonard Reed (1873–1954). Timeline * 1900 - First London shop was opened in Fenchurch Street * 1911 - Opening of flagship store in Regent Street * 1929 - The first international outlet on the transatlantic liner RMS ''Aquitania'' * 1930 - The opening of the Regent St Barbers Shop * 1936 - Opening of a concession on the RMS ''Queen Mary'' * 1946 - Opening of a concession on the RMS ''Queen Elizabeth'' * 1940s - Winston Churchill was a customer here. * 1980s - The launch of Austin Reed's womenswear * 2000 - UK Manufacturing, at its Crewe factory ended * In 2005, Kosugi-Sangyo was the Austin Reed ready-to-wear license holder in Japan with retail value of €50 million. * 2009 - The Austin Reed Group acquires heritage brand Viyella * 2010 - The launch of the Q Club on the third floor of the Regent Street st ...
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