The story
Bonmarché was founded in 1982, by Parkash Singh Chima. The Sikh businessman arrived in the United Kingdom in 1950, from the Punjab and settled in Ely, Cambridgeshire, from where he launched a door-to-door business selling clothing items. The family bought two retail clothing firms in 1982 – Wiltex and Hartley – which had twenty six indoor market locations across the north of England.
Chima moved to Huddersfield, and ran the business with two of his sons, Gurchait and Gurnaik.
The first Bonmarché store opened in Doncaster in 1985, and this was the start of the chain that grew into more than three hundred stores, a huge headquarters at Grange Moor, and a turnover of more than £200 million. Chima retired and left two sons to run the business, before they sold to the Peacock Group in July 2002.
In March 2011, it was reported that Peacocks were looking to sell Bonmarché, and in January 2012, the business was sold for an undisclosed sum to private equity group Sun European Partners.
In July 2019, the company said that trading in recent months was so poor, it was recommending a £5.7M rescue bid from the owner of Edinburgh Woollen Mill, Philip Day, less than three months after rejecting it. The company was placed into administration on 18 October 2019. The administrators stated that initially, all stores would remain open, and no redundancies had yet been made.
From Wikipedia’s article on Bonmarché, shared under CC BY-SA 4.0.5