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Jaeger going out of fashion puts 700 jobs at risk

Published on Friday 7th of April 2017 03:01:10 PM in Guardian

The struggling fashion brand Jaeger could call in the administrators as early as next week, putting 700 high street jobs at risk.In its heyday, Jaeger dressed Audrey Hepburn and Marilyn Monroe, but in recent years it has struggled to stay relevant on a competitive high street. ...

Social Trend Analysis for "Jaeger going out of fashion puts 700 jobs at risk"

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    .... After spending several years trying to revive the retailer’s fortunes, Better Capital hoisted a for sale sign at the start of this year. A buyer failed to emerge and, at the end of March, Better Capital sold Jaeger’s debt for £7m to a buyer who has been named in reports as Edinburgh Woollen Mill owner, Philip Day, who bought Austin Reed out of administration last year. ...
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