A group of suppliers who claim to be owed millions of pounds following Jaeger’s demise have formally requested a creditors’ meeting with the retailer’s administrators.
The group – led by César Araújo, owner of Portuguese textile group Calvelex, which has supplied Jaeger for more than 20 years – wants to meet with administrators Peter Saville, Ryan Grant, and Catherine Williamson of AlixPartners to hear their proposals for unsecured creditors.
It comes after the suppliers had submitted a bid to buy the entire Jaeger business and continue to trade it as a going concern. However, the approach was dismissed by AlixPartners, as the Jaeger trademark had already been snapped up by Edinburgh Woollen Mill Group.
Jaeger went into administration on 10 April. A week later, it announced it was closing 20 stores and making 209 redundancies across its head office, distribution centre and store network.