April 10, 2017 / 5:16 PM / 7 months ago

BRIEF-AlixPartners updates on Jaeger in administration

April 10 (Reuters) - AlixPartners:

* Statement regarding Jaeger in administration

* Peter Saville, Ryan Grant, Catherine Williamson of AlixPartners appointed joint administrators over Jaeger, Jaeger Shops, Jaeger Company’s Shops, The Jaeger Co

* Appointment made at request of Jaeger’s directors after co being unable to attract suitable offers despite sales process

* “Regrettably despite an extensive sales process it has not been possible to identify a purchaser for the business”

* At time of appointment co employs approximately 680 staff across its 46 stores, 63 concessions, head office in London and logistics function in Kings Lynn

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below