U.K. Fashion Chain Peacocks to Sell Bonmarche, Sunday Times Says

U.K. budget retailer Peacocks plans to sell its Bonmarche womenswear chain as part of a company revamp, the Sunday Times reported.

Cardiff-based Peacocks may receive less than 10 million pounds ($15.4 million) for Bonmarche, which it bought for 51 million pounds in 2002, the Sunday Times said, without saying where it obtained the information.

To contact the reporter on this story: Jason Webb in London at jwebb25@bloomberg.net.

To contact the editor responsible for this story: Dick Schumacher in London at dschumacher@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.