Jaeger has made a further swathe of redundancies, including retail operations director Mike Thompson, following a month-long consultation period.
Around 21 people are believed to have been made redundant and the sword is thought to have fallen largely on Jaeger’s buying and merchandising team, with staff working at both the brand’s London head office and King’s Lynn warehouse affected. None of Jaeger’s shop staff was included in the layoffs.
Thompson has been at Jaeger since 2002, firstly as head of retail operations, then retail director, before becoming group retail director of Jaeger and Aquascutum in 2009. When Aquascutum was sold out of administration in April 2012, he became retail operations director for Jaeger.
The redundancies follow a series of high-profile departures from the premium retailer since new chief executive Colin Henry was brought in by parent company Better Capital.
Last week Drapers reported that chief operating officer Carolyn Springett and brand director Shailina Parti were leaving as part of a wider restructure that saw the creation of five new roles including womenswear director and director of menswear and ecommerce.
These two positions were filled by former Marks & Spencer buyers Liza Webb and Caroline Lee respectively.
That followed the departure of finance director Graham Edgerton, who left in June after a decade at the firm. One source described the swathe of departures and redundancies as “a blood bath”.
While some departures are thought to relate to the shock departure of chairman Stewart Binnie in March, just nine months into the role, others have come about through cost-cutting.
A spokeswoman for Jaeger declined to comment.