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Popular retailer RETURNS to more high streets five years after collapsing into administration and shutting 66 stores
Popular retailer RETURNS to more high streets five years after collapsing into administration and shutting 66 stores

Scottish Sun

time4 days ago

  • Business
  • Scottish Sun

Popular retailer RETURNS to more high streets five years after collapsing into administration and shutting 66 stores

We reveal some of the other retailers staging a comeback on UK high streets BOUNCE BACK Popular retailer RETURNS to more high streets five years after collapsing into administration and shutting 66 stores A POPULAR British retailer which has returned to the high street after collapsing into administration is set to open more shops. Shirtmaker T.M. Lewin is gearing up to open more stores in London, Manchester and Edinburgh after staging a dramatic comeback. Advertisement 1 T.M. Lewin is eyeing up further locations after opening a new store in London Credit: Alamy The retailer recently opened its first new store in the capital since 2020, when it fell into administration and shut all of its 66 branches. The site in Bow Lane, City of London, stocks a range of formal shirts, office-wear and a new Clerkenwell Jacket. But it is now eyeing up further locations across the UK in an expansion drive. Dan Ferris, T.M. Lewin's managing director, told The Times, which first reported news of the additional openings: "A big part of our three-year plan is to expand the real estate very quickly. Advertisement "We're looking for another couple this year, and thereafter it'll just be about opening as many additional outlets as we can." T.M Lewin was founded by Thomas Mayes Lewin and Geoffrey James Lewin in London in 1898, and supplied the RAF and Army with uniforms during the First World War. The company made its shirts in Southend, Essex until the late 1980s, when production moved overseas. However, the impact of the coronavirus pandemic led to the retailer falling into administration in 2020 and going online-only. Advertisement The administration process led to the closure of T.M. Lewin's 66 branches. In 2022, the business was forced to call in administrators for a second time as shoppers shifted to working from home. Britain's retail apocalypse: why your favourite stores KEEP closing down RETAILERS MAKING A COMEBACK T.M. Lewin is not the first retailer to stage a comeback in recent years despite a challenging economic backdrop. The Centre for Retail Research said more than 13,000 stores, the equivalent of 37 each day, shut their doors for good in 2024. Advertisement This was after more than 10,400 stores closed permanently in 2023, the centre said. However, some retailers have been bucking the closure trend and opening stores across the UK. Others have been making major comebacks after going bust too. Cath Kidston opened up a brand new store last October, after going into administration in June 2023. Advertisement Meanwhile, earlier this year ASOS revealed plans to relaunch a Topshop website. The two names have joined a host of other brands that have announced they will make some form of return. Toys R Us, Cath Kidston and M&Co all said last year they would be making a comeback after previously falling into administration. Major brand Wilko is already back on the high street after closing 400 stores in 2023. Advertisement Its new owners, CDS Superstores, have opened branches across the UK.

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