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Jaeger Cutting Jobs, Closing Stores After M&S Acquisition

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Marks & Spencer’s Jaeger acquisition has left more than 200 unemployed. The British fashion brand, formerly a part of Edinburgh Woollen Mill Group, laid off 103 and shuttered 13 stores and concessions at the time of its November collapse into administration, which FRP Advisory is overseeing. On Friday, joint administrators said that Jaeger’s 63 stores…

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