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Quality is knit right into the fabric of department store Ethel Austin. Ethel Austin, with her husband George, founded the company in her basement in 1934 as a knitting factory. The company runs more than 300 variety discount stores across the UK, though it plans to expand that number to about 500 by the year 2009. Although the stores stock predominantly clothes, nearly 20% of merchandise sold is non-apparel, and the company intends to increase that number. Most of its products are imported from Asia. ABN Amro bought an ownership stake of more than 55% in 2004. The company was put in administration in April 2008. Elaine McPherson bought Ethel Austin out of administration the next month.
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| | | Contact Information | |
Address: |
School Lane, Knowsley Business Park
Prescot, Merseyside L34 9GJ, United Kingdom
| | Phone: | +44-870-291-0010 | | Fax: | +44-151-549-1380 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 299.50 M | | Employees (2008): | 2,500 |
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Key People
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Owner:
Elaine McPherson
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