Jaeger announces job losses after entering administration

RETAIL workers have been dealt a ‘devastating blow’ just before Christmas as Jaeger announced it will axe 103 jobs and shut 13 stores a week after falling into administration.

Around 0 in-store positions and a similar number from head office and distribution will go, the fashion retailer said.

The chain was placed into administration last week by parent company Edinburgh Woollen Mill Group, which is owned by billionaire Philip Day.

A spokesman for the Union of Shop Distributive & Allied Workers (Usdaw) said: ‘This is a devastating blow for the staff affected. It could not have come at a worse time, just before Christmas.

‘We are providing our members with the support and advice they need. 2020 has been a terrible year for the high street, retail needs a recovery plan.’

The administrators said that Jaeger continues to employ 244 staff and operates 63 stores and concessions.

Tony Wright, joint administrator of Jaeger Retail Limited, said: ‘We continue to hold discussions with interested parties regarding a possible sale. Regretfully, redundancies have been made.’

The announcement is yet another blow to Scotland’s high streets. Since lockdown began in March, retailers across the country have suffered due to coronavirus restrictions, which have seen non-essential outlets close indefinitely. Several other shops have closed as a result.