Jim Armitage: All change yet again in Jaeger’s battered boardroom

It seems the revolving door at the Jaeger boardroom is spinning around again.

This time, chief executive Colin Henry is joining the long list of directors who have headed for the exit after yet another period of poor performance for the doughty old dame of the High Street.

Details remain sketchy about his reported “leave of absence”. Even Jaeger’s own PR company doesn’t know what’s going on.

But, in the absence of an announcement, speculation — and it is only speculation — points to the hand of its owner Better Capital, run with mixed success by the feisty Jon Moulton.

Henry was always eternally optimistic about the business, but Better Capital was less effusive, cutting its estimate of Jaeger’s value and admitting much of its stock had been offloaded through discounters.