Fashion chain Jaeger have appointed Alix Partners as its administrators as it failed in a bid to find buyers for its 46 stores. The company has failed to turn a profit the firm was purchased in 2012 by private equity veteran Jon Moulton. As a result of its administration, 680 jobs across the chain’s stores, concessions and head office are now at risk, with insiders expecting all of their stores to close down.
11 Apr 2017