London - 2017 was not an easy year for most businesses - especially not for UK retailers. Economical and political uncertainty following the Brexit vote put even more pressure on consumer spending habits and retailers who were unable to execute a winning strategy found themselves in hot water. 42 major retailers went bust over the course of...
Dec 22, 2017
The British fashion mogul has come to the rescue of the ailing fashion retail group, owner of brands such as Jacques Vert, Eastex, Precis or Windsmoor. Jacques Vert’s parent group’s joint administrators, KPMG’s Will Wright and Rob Croxen, were appointed on Friday, when reports broke on the sale of Style to a subsidiary of Calvetron Style...
Jun 6, 2017
Fashion chain Jaeger has collapsed into administration on Monday, leaving 700 UK fashion jobs at risk. The retailer, which was once the epitome of the British high street, has struggled to find a suitable buyer for its business, which operates 46 stores and 63 concessions. The ailing business has suffered for many seasons amid intense...
Apr 10, 2017
Struggling fashion retailer is reportedly changing hands after a mystery buyer whose identity Jaeger's current owner, private equity group Better Capital, refused to confirm as it signed a confidentiality agreement. It is understood that Edinburgh Woollen Mill is behind the deal, informed Sunday ‘This is Money’. The paper reported that over the...
Apr 3, 2017
London - Philip Day, owner of The Edinburgh Woollen Group, is said to be in the lead to acquire struggling high street retailer Jaeger. Entrepreneur and billionaire Day, whose Group previously took over struggling menswear retailer Austin Reed, has been pegged as the mostly likely to take over Jaeger from a group of bidders which includes Harold...
Mar 17, 2017
Jaeger’s owner’s CEO, Jon Moulton from Better Capital, has confirmed the struggling fashion brand is up for sale. In a recent interview, private equity veteran Moulton said that a sale "process is under way" with "a considerable number" of buyers having approached him already. In an interview with ‘City A.M.’ earlier this year, Moulton blamed...
Mar 6, 2017
Jaeger is lining up a former Asos director to be chairman as it prepares for ambitious international expansion. Founded 130 years ago, Jaeger is currently owned by Jon Moulton’s Better Capital and is regarded as an affordable luxury brand. The company is thought be close to appointing Peter Williams to run its board. Williams spent 12 years at...
Nov 10, 2014
British fashion chain Jaeger is all set for a sale after owner Harold Tillman was approached by a number of buyers. Ready to make the most of its spoilt child, Tillman hired investment bank Rothschild & Sons to consider Jaeger’s options, including an outright sale. The clothing-store chain could be valued at as much as 100 million pounds ($160...
Feb 14, 2011
