Daily uk news Marks & Spencer discussed possible deal to buy British fashion label Jaeger just days before company collapsed into administration MetiNews.Com

MetiNews.Com - Boss Steve Rowe is understood to have taken a lead role in M&S's examination of the business, which would be part of a major overhaul of the company's clothing strategy.

Daily uk news Marks & Spencer discussed possible deal to buy British fashion label Jaeger just days before company collapsed into administration MetiNews.Com

MetiNews.Com - Boss Steve Rowe is understood to have taken a lead role in M&S's examination of the business, which would be part of a major overhaul of the company's clothing strategy.

Daily uk news  Marks & Spencer discussed possible deal to buy British fashion label Jaeger just days before company collapsed into administration MetiNews.Com
22 November 2020 - 12:15

Breaking News ! Marks & Spencer is still having 'informal' talks to acquire British fashion firm, JaegerMarks & Spencer discussed a possible deal to buy British fashion label Jaeger just days before the company collapsed into administration on Thursday. The high street giant's chief executive, Steve Rowe, is understood to have taken a lead role in M&S's examination of the business, which would be part of a major overhaul of the company's clothing strategy. It follows revelations in The Mail on Sunday last week that M&S held 'informal' talks with Jaeger's former owner Philip Day earlier this month. Sources said talks have continued but no offer has been made. A deal could involve an acquisition of the Jaeger brand and team. The future of the shops is unclear.  RELATED ARTICLES Previous 1 Next Could M&S sell Jaeger dresses to lure back lost shoppers?... Marks & Spencer to issue its first junk bond after reporting... M&S sinks to its first loss in 94 years: Boss Steve Rowe... State pension payments worth billions of pounds being... Share this article Share HOW THIS IS MONEY CAN HELP What you need to know each week: Listen to the This is Money podcast One fashion veteran said: 'If M&S is serious about this, it needs to do it properly. Use this to help it turn a corner and begin the revolution in M&S clothing that it's crying out for. 'Bring in a top designer or someone that means something to M&S customers – another Twiggy.' Jaeger is run by Lauren Day, the daughter of Philip Day, who is understood to be working to salvage parts of his Edinburgh Woollen Mill empire, which owned Jaeger, Austin Reed, Peacocks and Ponden Home. Sportswear mogul Mike Ashley and M&S's rival Next are also understood to be interested in Jaeger. M&S and Philip Day declined to comment. #fiveDealsWidget .dealItemTitle#mobile {display:none} #fiveDealsWidget {display:block; float:left; clear:both; max-width:636px; margin:0; padding:0; line-height:120%; font-size:12px} #fiveDealsWidget div, #fiveDealsWidget a {margin:0; padding:0; line-height:120%; text-decoration: none; font-family:Arial, Helvetica ,sans-serif} #fiveDealsWidget .widgetTitleBox {display:block; float:left; width:100%; background-color:#af1e1e; } #fiveDealsWidget .widgetTitle {color:#fff; text-transform: uppercase; font-size:18px; font-weight:bold; margin:6px 10px 4px 10px; } #fiveDealsWidget a.dealItem {float:left; display:block; width:124px; margin-right:4px; margin-top:5px; background-color: #e3e3e3; min-height:200px;} #fiveDealsWidget a.

.dealItemTitle {display:block; margin:10px 5px; color:#000; font-weight:bold} #fiveDealsWidget .dealItemImage, #fiveDealsWidget .dealItemImage img {float:left; display:block; margin:0; padding:0} #fiveDealsWidget .dealItemImage {border:1px solid #ccc} #fiveDealsWidget .dealItemImage img {width:100%; height:auto} #fiveDealsWidget .dealItemdesc {float:left; display:block; color:#004db3; font-weight:bold; margin:5px;} #fiveDealsWidget .dealItemRate {float:left; display:block; color:#000; margin:5px} #fiveDealsWidget .footerText a:hover{text-decoration: underline;} #fiveDealsWidget .footerSmall{font-size:10px; padding-top:10px;} @media (max-width: 635px) { #fiveDealsWidget a.dealItem {width:19%; margin-right:1%} #fiveDealsWidget a.dealItem#last {width:20%} } @media (max-width: 560px) { #fiveDealsWidget #desktop {display:none;} #fiveDealsWidget #mobile {display:block!important} #fiveDealsWidget a.dealItem {background-color: #fff; height:auto; min-height:auto} #fiveDealsWidget a.dealItem {border-bottom:1px solid #ececec; margin-bottom:5px; padding-bottom:10px} #fiveDealsWidget a.dealItem#last {border-bottom:0px solid #ececec; margin-bottom:5px; padding-bottom:0px} #fiveDealsWidget a.dealItem, #fiveDealsWidget a.dealItem#last {width:100%} #fiveDealsWidget .dealItemContent, #fiveDealsWidget .dealItemImage {float:left; display:inline-block} #fiveDealsWidget .dealItemImage {width:35%; margin-right:1%} #fiveDealsWidget .dealItemContent {width:63%} #fiveDealsWidget .dealItemTitle {margin: 0px 5px 5px; font-size:16px} #fiveDealsWidget .dealItemContent .dealItemdesc, #fiveDealsWidget .dealItemContent .dealItemRate {clear:both} } TOP DIY INVESTING PLATFORMS Low cost portfolios Low cost portfolios Cheap funds fee Deal online from £1.50 Investment ideas Free fund dealing Free fund dealing Annual 0.45 per cent account charge Free investing No fees £9.99 flat fee One free trade per month Share trading Commission-free Buy stocks No dealing fees to buy and sell Model portfolios Model portfolios £45 per year No fund dealing charges > Compare the best investing platform for you

Source = MetiNews.Com

This news 43 hits received.

Daily uk news Marks & Spencer discussed possible deal to buy British fashion label Jaeger just days before company collapsed into administration MetiNews.Com


Daily uk news Marks & Spencer discussed possible deal to buy British fashion label Jaeger just days before company collapsed into administration MetiNews.Com


Daily uk news Marks & Spencer discussed possible deal to buy British fashion label Jaeger just days before company collapsed into administration MetiNews.Com


Daily uk news Marks & Spencer discussed possible deal to buy British fashion label Jaeger just days before company collapsed into administration MetiNews.Com

COMMENTS

  • 0 Comment
Last News
MAY INTEREST YOU x
Cornwall news  Hero butcher swaps making pasties to caring for vulnerable people UK news
Cornwall news Hero butcher swaps making pasties to caring for...
Manchester news  Man who showed 'little remorse' after killing boy has jail term increased Manchester united news
Manchester news Man who showed 'little remorse' after killing boy has...