Jane Norman

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Jane Norman
Private
Industry Fashion
Headquarters London, United Kingdom
Products Clothing, bags and accessories
Parent Edinburgh Woollen Mill
Website www.janenorman.co.uk

Jane Norman is a United Kingdom-based women's clothing retailer, owned by Edinburgh Woollen Mill, it is also the sister company of fashion chain Peacocks

History[edit]

The company was founded by Norman Freed, who sold it on to Graphite Capital in 2002 for £70m. On 30 July 2005, the company was purchased by Baugur Group for £117.3m.[1]

In early 2007, Jane Norman reported a 45% rise in profits over 2006, and released plans to open 100 more stores around the country, having already almost doubled their number from the year before, to 116.[2]

The company went into administration on 27 June 2011.[3] On 28 June 2011, in a pre-pack deal, the brand and 33 stores were sold to Edinburgh Woollen Mill.[4]

The company went into administration again on 26 June 2014.[5] It was purchased out of administration by Edinburgh Woollen Mills, whom now operate it as a concession and online retailer.

Sources[edit]

  1. ^ Mesure, Susie- Baugur buys Jane Norman for £117m Archived 24 March 2008 at the Wayback Machine. The Independent, 2005-07-30, accessed- 11 February 2007
  2. ^ Butler, Sarah- Jane Norman plans expansion The Times online, 2007-01-25, accessed- 11 February 2007
  3. ^ BBC: Fashion chain Jane Norman goes into administration
  4. ^ "Administrator sells Jane Norman stores". Financial Times. 28 June 2011. Retrieved 29 June 2011. 
  5. ^ Guardian: Fashion retailer Jane Norman stores placed in administration

External links[edit]