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As two UK retailers go into administration job loss could be as high as 4,700

6 days ago   |   By Fashion United

UK fashion chains Peacocks and Jaeger have gone into administration, their owners announced on Thursday, putting 4,700 jobs at nearly 500 shops under threat.
Parent company the EWM group, which had been searching for a buyer, said administrators had been appointed, although no redundancies or store closures had yet been confirmed.
Peacocks is based in Cardiff and has 423 shops across the country with 4,369 staff. Jaeger runs 76 stores and concessions and has 347 employees.
EWM earlier this month placed its Edinburgh Woollen Mill and Ponden Home businesses into administration and had hoped...
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Jaeger and Peacocks fall into administration

6 days ago   |   By Fashion United

Edinburgh Woollen Mill Group's Jaeger and Peacocks chains have fallen into administration.
Tony Wright and Alastair Massey, partners at advisory firm FRP, were appointed joint administrators on Thursday following efforts by management to secure a solvent sale of both businesses.
London-based Jaeger has 76 stores and concessions and 347 employees, while Cardiff-based Peacocks operates 423 stores with 4,369 staff.
No job cuts or store closures have been made on appointment.
“Jaeger and Peacocks are attractive brands that have suffered the well-known challenges that many retailers face at...
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