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

Jan. 8 (Bloomberg) -- 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

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