High Court documents reveal the high street retailer is on the brink of closure.
The company, which owns Peacocks and Jaeger, has lodged documents signalling its intent to appoint administrators to look for potential buyers.
If the Edinburgh Woollen Mill does not find a buyer, 24,000 jobs will be at risk.
The retailer has stores across the UK, including those in Dunfermline, Cupar and St Andrews.
Dozens of jobs in Fife could be lost if the company collapses.
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