Peacocks

Peacocks the clothing retailer became insolvent in 2012 after Administrators KPMG declared the company bankrupt. The company went into administration after the discount fashion chain, bought in a management buyout from the founding Peacock family in the mid 1990s, was struggling to refinance its £240m debts. It was bought by the Edinburgh Woollen Mill Group in 2012.

  • Administrators: KPMG
  • Year Founded: 1884
  • Total Number of Employees: 9,600
  • Total Number of Jobs Lost: 1,650
  • Number of Retail Shops: 660
  • Managing Director/CEO: Phillip Day

…2019: To date Peacocks has 400 locations in various parts of the company and has plans to open new stores in Mumbles, Wales, Tewkesbury, the Isle of Wight, and Norwich.

2012