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Jaeger Cutting Jobs, Closing Stores After M&S Acquisition

Supply chain woes and soaring prices defined the past year. What lies ahead? Read the 2022 Sourcing Report for a deep global dive, plus expert insights on navigating the sourcing roller coaster.

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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