EMCC European Monitoring Centre on Change

Bonmarche

Company/Organisation:
Bonmarche

Geographic Location

Country: United Kingdom

Company

Sector: Retail
Wholesale and retail trade; repair of motor vehicles and motorcycles
47.71 - Retail sale of clothing in specialised stores
Number Employed: 2900

Employment Effects

Announcement Date: 28-11-2019
Planned Job Reductions min: 240
Planned Job Reductions max: 240
Type of Restructuring: Closure
Employment Effect Start: 28-11-2019
Direct Dismissals: 240

Additional Information

The administrators of UK-based fashion retailer Bonmarché have announced that 31 shops are earmarked to be closed in December, making 240 jobs redundant. The remaining 285 shops will continue to trade, however, the future of these shops is subject to negotiation between the new owner and landlords.

The administrators said: ’We deeply regret that, as part of the administration process, 30 stores will close and staff may be made redundant. We will be working with the Redundancy Payments Office to support the affected employees.’

Bonmarché was founded in 1982 and at its peak it had 380 shops and employed over 4000 people. It entered into administration in October 2019, making 25 management and head office roles immediately redundant.

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