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Edinburgh Woollen Mill Group rescued but uncertainty remains for region's stores

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Perth and Kinross has been saved from going under after a deal was agreed with an international consortium. But, while 2000 staff are being kept on, employees still face an uncertain future with many stores still facing the threat of closure.Le Mans racing driver, businessman and garage boss lived life in the fast lane The deal will rescue Dubai-based British billionaire Philip Day’s EWM Group which has four Edinburgh Woollen Mill stores in the region - two in Perth, one in Blairgowrie and another in Pitlochry.

The group also owns 50-plus women’s fashion chain Bonmarché, which closed its Perth High Street store in March last year. Like most of the retail sector the EWM Group was hit hard by a drop in tourism and the older sector of the.

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