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Bonmarché

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This is an old revision of this page, as edited by Percy2345 (talk | contribs) at 13:08, 2 December 2020 (Please update Bonmarche has collapsed into administration today 2nd December 2020). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

This article is about the British clothing retail chain. For the French Department Store, see Le Bon Marché. For other stores of similar name, see Bon Marché (disambiguation).

BM Retail Ltd
Bonmarché
Company typeSubsidiary
IndustryFashion
Founded(1982; 42 years ago (1982)) in Wakefield, England
FounderSingh Chima
HeadquartersWakefield, England
Area served
United Kingdom
Key people
Phillip Day (Owner)
Products
  • Casual wear
  • Formal Wear
  • Outerwear
  • Swimwear
  • Lingerie
  • Accessories
OwnerPeacocks
Number of employees
2,600
ParentPeacocks Group
Websitewww.bonmarche.co.uk
Footnotes / references
[1]

Bonmarché (/bɒnmɑːrˈʃeɪ/ bon-mar-SHAY) is a clothing retailer based in Wakefield, West Yorkshire. The business was founded in 1982, and was acquired by the Peacock Group in July 2002.

The clothing retailer had over 380 stores nationwide, employed over 4,000 people and was the United Kingdom's largest budget fashion retailer selling womenswear in a wide range of sizes – especially plus size clothing. Ranges included casual and formal separates, outerwear, swimwear, lingerie nightwear and accessories, all designed for larger women.

History

A branch of Bonmarche on Broadway in Bradford (2009)
A Bonmarche store in Hampshire

Bonmarché was founded in 1982, by Parkash Singh Chima.[citation needed] The Sikh businessman arrived in the United Kingdom in 1950, from the Punjab and settled in Ely, Cambridgeshire, from where he launched a door-to-door business selling clothing items. The family bought two retail clothing firms in 1982 – Wiltex and Hartley – which had twenty six indoor market locations across the north of England.

Mr Chima moved to Huddersfield, and ran the business with two of his sons, Gurchait and Gurnaik.

The first Bonmarché store opened in Doncaster in 1985, and this was the start of the chain that grew into more than three hundred stores, a huge headquarters at Grange Moor, and a turnover of more than £200 million. Mr Chima retired and left two sons to run the business, before they sold to the Peacock Group in July 2002.[2][3]

In March 2011, it was reported that Peacocks were looking to sell Bonmarché, and in January 2012, the business was sold for an undisclosed sum to private equity group Sun European Partners.[4][5]

In July 2019, the company said that trading in recent months was so poor, it was recommending a £5.7m rescue bid from the owner of Edinburgh Woollen Mill, Philip Day, less than three months after rejecting it.[6] The company was placed into administration on 18 October 2019. The administrators stated that initially, all stores would remain open, and no redundancies had yet been made.[7]

David Emanuel

In August 2007, Bonmarché launched a collection, designed in collaboration with David Emanuel, the designer famous for the co-design of Lady Diana Spencer's wedding dress in July 1981.[citation needed]

Criticism

Building collapse at Savar

Main article: 2013 Savar building collapse

On 24 April 2013, the eight story Rana Plaza commercial building collapsed in Savar, a sub district near Dhaka, the capital of Bangladesh. At least 1,127 people died, and over 2,438 were injured.[8]

The factory housed a number of separate garment factories employing around 5,000 people, several shops, and a bank, and manufactured apparel for brands, including the Benetton Group, Joe Fresh,[9] The Children's Place, Primark, Monsoon, and DressBarn.[10][11][12]

Of the twenty-nine brands identified as having sourced products from the Rana Plaza factories, only nine attended meetings held in November 2013 to agree on a proposal on compensation to the victims. The agreement was signed by Primark, Loblaw, Bonmarche and El Corte Ingles.[13]

References

  1. ^ "Companies House Profile". Companies House. Retrieved 23 July 2020.
  2. ^ Atkinson, Neil (16 February 2010). "Bon Marche founder Parkash Singh Chima dies at Sikh Leisure Centre". huddersfieldexaminer.
  3. ^ "Sikhs Online – Bonmarché founder dies at 86 among Sikh friends (18 February 2010)". Archived from the original on 20 December 2010.
  4. ^ Harrington, Ben (20 March 2011). "Peacocks considers Bonmarché sale". The Telegraph.
  5. ^ "Bonmarche fashion chain bought". BBC. 23 January 2012.
  6. ^ Kollewe, Julia (26 June 2019). "Bonmarché rethinks rescue bid after weak trading". The Guardian.
  7. ^ "Bonmarché falls into administration in latest high street failure". The Telegraph. Telegraph Media Group Limited 2019. Retrieved 18 October 2019.
  8. ^ Ahmed, Saeed; Lakhani, Leone (14 June 2013), "Bangladesh building collapse: An end to recovery efforts, a promise of a new start", CNN, retrieved 16 December 2013
  9. ^ O'Connor, Clare. "'Extreme Pricing' At What Cost? Retailer Joe Fresh Sends Reps To Bangladesh As Death Toll Rises". Forbes.
  10. ^ Zain Al-Mahmood, Syed (24 April 2013). "Matalan supplier among manufacturers in Bangladesh building collapse". The Guardian. London. Retrieved 21 October 2013.
  11. ^ Nelson, Dean (24 April 2013). "Bangladesh building collapse kills at least 82 in Dhaka". The Daily Telegraph. London. Retrieved 24 April 2013.
  12. ^ Alam, Julhas (24 April 2013). "At least 87 dead in Bangladesh building collapse". USA Today. Retrieved 24 April 2013.
  13. ^ Ovi, Ibrahim Hossain (2013), Buyers' compensation for Rana Plaza victims far from reality, retrieved 16 December 2013
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