The Edinburgh Woollen Mill opened its first shop in Scotland, selling mainly woollen and cashmere garments and textiles. Chairman and chief executive Philip Day, 54, led a management buy-in of the clothing retailer in 2001, and the firm has since acquired whole or in part a string of retailers. With 1,300-plus stores, its acquired subsidiaries include family clothing chain Peacocks and luxury brand Jaeger. This month it began a review that may lead to the sale of some its brands.
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