Peacocks – which has shops in Derbyshire – bought out of administration but not all stores will reopen

The collapsed fashion chain Peacocks – which has stores in Derbyshire – has been bought out of administration.

Tuesday, 6th April 2021, 11:31 am

The buyers are an international consortium, led by Peacocks’ former chief operating officer, Steve Simpson.

Peacocks had 400 shops going into the pandemic a year ago, including in Alfreton, Ripley and Ilkeston.

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Peacocks was part of retail mogul Philip Day's Edinburgh Woollen Mill fashion empire, which collapsed in November last year.

The company’s management team hopes to reopen up to 200 stores once non-essential retailers are allowed out of lockdown next week, saving 2,000 jobs.

It has not yet been revealed which outlets will reopen.

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