Updated: Jaeger axes over 200 jobs as M&S completes acquisition

By Grace Bowden2021-01-15T12:53:00

Marks & Spencer has completed its deal to acquire the brand and stock from Jaeger, resulting in the fashion retailer axing its roles and shutting down its store estate.

The acquisition sees M&S acquire the Jaeger brand as well as its stock and supporting marketing assets but none of the retailer’s 63 stores or staff are included in the deal.

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