Uncertainty over future of Dumbarton's Peacocks store as takeover deal confirmed

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dailyrecord.co.uk

Join thousands of others in getting the stories that matter to you sent straight to your inbox.Collapsed fashion chain Peacocks has been bought out of administration - but uncertainty surrounds whether the firm’s Dumbarton store will reopen.It was previously owned by Edinburgh Woollen Mills (EWM) and has been bought by an international investment consortium lead by the retailer’s former chief operating officer, Steve Simpson.The management team hope that, with the support of their partners, suppliers and landlords, they will be able to reopen up to 200 stores, protecting around 2000 jobs.This is around half of its stores as the company had around 400 premises when EWM collapsed in November.The firm has operated a store in Dumbarton’s.

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