Home Life & Style Peacocks closing: Which Peacocks and Jaeger shops are closing down? Is your...

Peacocks closing: Which Peacocks and Jaeger shops are closing down? Is your shop affected?


At the time of filing for administration, Steve Simpson, chief executive of the EWM group, said: “Like every retailer, we have found the past seven months extremely difficult.

“This situation has grown worse in recent weeks as we have had to deal with a series of false rumours about our payments and trading which have impacted our credit insurance.

“Traditionally, the group has always traded with strong cash reserves and a conservative balance sheet but these stories, the reduction in credit insurance – against the backdrop of the lockdown – and now this second wave of COVID-19 and all the local lockdowns, have made normal trading impossible.

“As directors we have a duty to the business, our staff, our customers and our creditors to find the very best solution in this brutal environment.

“So we have applied to court today for a short breathing space to assess our options before moving to appoint administrators.”



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