Philip Day (businessman)

Philip Day
Born	Philip Edward Day October 1965 (age 51)
Residence	Dubai, UAE
Nationality	British
Known for	CEO and owner, Edinburgh Woollen Mill
Net worth	£1.05 billion (April 2016)
Spouse(s)	Debra Day
Children	3

Philip Edward Day (born October 1965) is a Dubai-based British billionaire, the CEO and owner of Edinburgh Woollen Mill (EWM). Born in Stockport, he did several newspaper rounds as a boy and worked at different times for Coats Viyella, Wensum and Aquascutum before joining Edinburgh Woollen Mill and later leading a management buyout.

Philip Edward Day was born in October 1965. He grew up on a council estate in , working in his parents' newsagents shop and did several newspaper rounds a day.

Day declined a university place to begin a business career, and worked for Coats Viyella and Wensum, before being headhunted to join Aquascutum at the age of 28. Day stayed at Aquascutum for five years eventually being promoted to joint managing director.

In 2001, Day left Aquascutum and joined Edinburgh Woollen Mill, where he led a buyout backed by Rutland Fund Management, a private equity firm. In 2002, he "seized control" with Royal Bank of Scotland backing his £69 million bid to buy out Rutland.

Day owns Edinburgh Woollen Mill, which in 2016 acquired the Austin Reed and Country Casuals brands, following the bankruptcy of the 116-year-old fashion retailer.

As of April 2016, his net worth is £1.05 billion, according to the Sunday Times Rich List.

In May 2017, he opened the first Days (department store), in what had been the BHS premises in Guildhall Square, Carmarthen, which will house Peacocks, Edinburgh Woollen Mill, Ponden Home, Jane Norman, and Austin Reed brands. This is intended to be the first of a chain of Days department stores.

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