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Greenwoods
Founded 1860
Founder(s) Willie Greenwood
Headquarters Bradford, England
Number of locations 87 (2009)
Industry Retail
Products Menswear
Revenue £25.9m (2008)[1]
Operating income £22,000 (2008)[2]
Employees 556
Parent Bosideng
Website www.1860.com

Greenwoods is a chain of menswear stores based in Bradford, England.[1]

The company was founded by Sir Willie Greenwood in 1860 as a hatters shop.[3][2] At its peak in the 1990s there were around 200 branches of the store.[2]

In October 2008, a Chinese retailer expressed an interest in purchasing a 50% stake in the chain. However, whilst negotiations were made, the company was hit badly by the downturn in the Global and British economy in the last quarter of 2008. On 23 January 2009, Greenwoods entered administration and Bosideng subsidiary Harvest Fancy Hong Kong bought 87 of the 92 stores across the UK from the administrators.[4][1]

Bosideng plans to retain the Greenwoods name and open 100 new stores, mainly in the south of England, over the next five years.[5][6]

Prior to entering administration, Greenwoods had a turnover of £25.9m and employed 579 people.[5]

References

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