Businessman

Philip Day

Philip Day

Born:

Philip Day who is famous British entrepreneur who has turned Edinburgh Woollen Mill Group into one of UK’s most successful fashion brands born in October 1965.

Personal Life:

In 1990, He married Debra Day. They live in Dubai. The couple has three children.

Education:

As a teenager, Philip held down a number of part-time jobs while at school, including running a newsagent’s and doing several newspaper delivery rounds per day. He turned down a place at university to pursue a career in business instead.

Career:

At the age of 28, Philip had worked for British textiles company ‘Coats Viyella’ and ‘Wensum’, before being headhunted to join iconic British tailors, Aquascutum. He stayed at Aquascutum for five years eventually being promoted to joint managing director. In 2001, Philip Day had joined Edinburgh Woollen Mill (EWM), Where He led a buyout of the company backed by Rutland Fund Management, a private equity firm. He had surprised the fashion world a year later when He bought out Rutland with the support of HBOS through a £69 million bid. At the time, the company employed 3,140 people. In 2008, He had bought home furnishing company Ponden Mill and soft furnishings company Rosebys. The stores had been rebranded as Ponden Home across the UK. Philip went on to save another company,  women’s fashion chain ‘Jane Norman’ in 2011. In 2012, Philip put £200 million of his own money on the line to acquire fashion retail chain Peacocks and save 6,000 jobs. In May 2017 in Carmarthen, the county town of Carmarthenshire in Wales, Philip Day opened the first of a new brand of a department store, Days, sited in a building that was a former British Home Stores. EWM plans to invest in a further 50 openings over the coming years.

Unknown Facts:

  • His middle name is Edward.

Master Stroke:

  • Philip has built Edinburgh Woollen Mill into one of the most successful fashion brands on the high street by investing in the company, and acquiring and turning around other brands, such as Jaeger, Jane Norman, Peacocks, and Austin Reed.

Awards and Achievements:

  • In 2017, he was listed in the Drapers list of the most influential people in global fashion. He was listed at number 37.

What can we learn from Him??

Like Philip Day, Know your inner strength, to stick to your decision. Have faith in yourself.

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