Marks & Spencer looks to snap up Jaeger
M&S expected to buy Jaeger’s brand and stock, but not its scores of shops, reports say
Marks & Spencer is finalising a deal to buy upmarket fashion brand Jaeger as it seeks to bolster its clothing business with new names.
M&S has been linked to Jaeger since it fell into administration in November, as part of entrepreneur Philip Day’s stricken Edinburgh Woollen Mill Group, which also owns Peacocks and Austin Reed. Both M&S and Jaeger were founded in the 1880s.Continue reading...