Day in late bid to avoid Jack Wills administration

Jack Wills sign

Edinburgh Woollen Mill owner Philip Day is reportedly trying to keep Jack Wills out of administration as he seeks to pip Mike Ashley to a deal for the struggling retailer.

With a deal for the embattled retailer expected to be completed at some point today, Day has put a bid in for Jack Wills seeking to avoid it falling into a pre-pack administration, PA has reported.

Day is locked in a struggle with Sports Direct tycoon Mike Ashley, who over the weekend was reportedly in pole position to snap up the struggling Jack Wills brand.

However, any deal involving Ashley would involve allowing the retailer sliding into a pre-pack administration – an insolvency process that would allow for the brand to be sold on debt-free.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.