LONDON, Jan 15 (Reuters) - British fashion retailer Jaeger's
63 stores and concessions will permanently close after Marks &
Spencer on Friday purchased its stock and marketing
assets, having secured a deal to buy the brand earlier this
week.
FRP, administrators to Jaeger Retail Limited, said 211 store
staff and 22 head office staff have been made redundant.
Before going into administration in November Jaeger was part
of Philip Day's Edinburgh Woollen Mill Group.
M&S said on Monday it had bought the Jaeger brand as part of
a strategy to bolster its clothing division with new names.
(Reporting by James Davey; editing by William James)
Marks & Spencer (MKS)
