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    UK fashion retailer Jaeger falls into administration, nearly 700 jobs at risk

    Editor
    The UK fashion chain Jaeger has collapsed into administration, putting almost 700 jobs at risk.

    http://i.imgur.com/fpwZ3Im.jpg?1
    (via FT)

    AlixPartners said it had been appointed administrator of the company at the request of its directors after efforts to find a buyer were unsuccessful.

    Jaeger was founded in 1884 and will keep trading “while working with all stakeholders to evaluate the most appropriate route forward”. It has 680 staff in 46 shops, 63 concessions, its head office and a warehouse.

    Peter Saville, Joint Administrator, said: "Regrettably despite an extensive sales process it has not been possible to identify a purchaser for the business. Our focus now is in identifying an appropriate route forward and working with all stakeholders to do this. We will ensure that we communicate further as this process unfolds."

    11 Comments

    Why post a news article with no comment? This is hotukdeals, not a BBC news site.
    So Jaeger has bombed. And?

    Spod

    Why post a news article with no comment? This is hotukdeals, not a BBC … Why post a news article with no comment? This is hotukdeals, not a BBC news site. So Jaeger has bombed. And?



    ​is Jaeger a shop?

    Spod

    Why post a news article with no comment? This is hotukdeals, not a BBC … Why post a news article with no comment? This is hotukdeals, not a BBC news site. So Jaeger has bombed. And?



    ​Some people confuse this site with Facebook

    never heard of the shop

    browneyone

    never heard of the shop


    oh, that's nice.

    Will be sold in sports direct soon

    browneyone

    never heard of the shop


    Neither had I.

    I bought a coat there before for my girlfriend...she loves their design..hope they stay high..
    You guys never heared about the place before maybe because you are living in cave or because only a scarf cost £60 in theirs

    i guess they didn't have the moves like ...

    Spod

    Why post a news article with no comment? This is hotukdeals, not a BBC … Why post a news article with no comment? This is hotukdeals, not a BBC news site...



    Posting (copy'n'pasting) news articles (& recall notices) attracts the punters to the site from social media channels & World Wide Wait searches.

    Spod

    ...So Jaeger has bombed. And?



    The party starts...

    https://s-media-cache-ak0.pinimg.com/736x/57/30/d9/5730d9294dcd419d0c751d18c4bd3cdf.jpg

    fugefa

    ...You guys never heared about the place before maybe because you are … ...You guys never heared about the place before maybe because you are living in cave or because only a scarf cost £60 in theirs



    Amber Heard in a coat & scarf

    http://i.dailymail.co.uk/i/pix/2013/12/18/article-2525620-1A2B314B00000578-504_634x879.jpg

    "Can anyone save our beloved Jaeger? How the British brand is struggling and how they're trying to recover"

    [ dailymail.co.uk/fem…tml ]

    By Polly Dunbar For The Daily Mail
    Published: 00:38, 10 December 2015 | Updated: 02:34, 10 December 2015
    ---
    * Jaeger, founded in 1884, has been in trouble in recent years
    * It specialises in elegant, flattering basics for women of a certain age
    * The brand is trying to reinvent itself by focusing on its heritage...
    ---
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