Fri, 09 Oct 2015 | BUSINESS SALE
Better Capital, the investment capital company which owns Jaeger is reportedly in discussions regarding a potential sale of the fashion brand.
Sky News has learnt that the firm is in talks with interested partners and has already appointed advisers from AlixPartners to oversee the exploration of a sale.
The insight comes weeks after Jaeger's chief executive, Colin Henry, exited the business, leaving it facing an important trading period without a permanent leader in place. With this in mind and the recent troubles affecting the business, analysts are not expecting the sale to release a huge amount of value from the company.
The news outlet learnt of the talks from a person close to Better Capital, who noted that while a formal auction is not planned, the investment firm is responding to interest. The company has recently looked at offloading other troubled brands, including the luxury yacht-maker Fairline.
Jaeger has been in the process of a turnaround strategy with efforts made to improve its online sales performance and introduce new concept stores as an additional sales strategy, however trading for the firm has remained difficult.
View businesses for sale.
The company designs and delivers electronic portfolios for organisations that capture and assess evidence for personal, professional, and organisation recognition, internationally. The company creates leading digital solutions that mirror and enhance...
A distributor of oils and ancillary cleaning products to a wide client base, and is not dependent on any one client or market sector. These Items are an essential component to ensure smooth operation of equipment and reduce wear & tear and reduce ope...
The company is an equestrian business comprising a popular retail store, accredited livery and riding facilities and a competitive events operation, operating from an attractive rural location in the East Midlands.
LEASEHOLD
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.