Jaeger has announced it is closing 20 stores and making 209 redundancies across its head office, distribution centre and store network, just a week after it went into administration.
Peter Saville, Ryan Grant, and Catherine Williamson of AlixPartners were appointed joint administrators of Jaeger on 10 April.
Following a consultation, the administrators have decided to close 20 of the 133-year-old retailer’s 46 stores as the operating costs were not viable.
The stores that will close are the branches in Amersham, Belfast, Beverley, Cambridge, Cheshire Oaks, Chester, Chichester, Edinburgh, Guildford, Henley, Oxford, Ringwood, Stratford upon Avon, Truro, Wilmslow, Winchester and Windsor, and two in London’s Canary Wharf. The closures affect 165 members of staff, who will be paid for the duration of the process.
In the head office there have been 32 redundancies, and 12 job losses have been incurred at the retailer’s distribution centre.