Jane Norman
 | |
| Company type | Private |
|---|---|
| Industry | Fashion |
| Headquarters | London , United Kingdom |
| Products | Clothing, bags and accessories |
| Parent | Edinburgh Woollen Mill |
| Website | www |
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
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
- ^ Mesure, Susie- Baugur buys Jane Norman for £117m The Independent, 2005-07-30, accessed- 11 February 2007
- ^ Butler, Sarah- Jane Norman plans expansion The Times online, 2007-01-25, accessed- 11 February 2007
- ^ BBC: Fashion chain Jane Norman goes into administration
- ^ "Administrator sells Jane Norman stores". Financial Times. 28 June 2011. Retrieved 29 June 2011.
- ^ Guardian: Fashion retailer Jane Norman stores placed in administration
External links
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