Has Peacocks Been Saved?

Collapsed fashion chain Peacocks has been saved by a senior executive with backing from an international consortium. Chief operating officer Steve Simpson will take over the business, saving 2,000 jobs and 200 stores, which he hopes to reopen once lockdown restrictions on non-essential retailers ease.

Who has bought Peacocks?

An international investment consortium, backed by Edinburgh Woollen Mill's chief operating officer Steve Simpson, has bought Peacocks out of administration. The deal will save 200 stores and 2,000 jobs.

Are Peacocks saved?

UK-based fashion retailer Peacocks has been bought out of administration by an international consortium led by its former chief operating officer, Steve Simpson. Peacocks' new owners have saved 200 stores and 2,000 jobs.

Alexander Ross

Alexander Ross

Gaming, Esports & Interactive Media Writer

Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.