All Jaeger shops will close permanently, with stores not part of M&S deal

FRP Advisory, which is handling the administration process, said 22 Jaeger head office staff and 211 store staff have been made redundant. The majority of staff were furloughed.

The remaining six head office staff and seven warehouse  employees have been retained by the joint administrators to assist them in their duties.

 Tony Wright, joint administrator of Jaeger  and partner at FRP, said: “The transaction with M&S provides a future for this well-known brand and, in competition with a number of bids, has provided the best outcome for creditors. Unfortunately, we will now progress with the permanent closure of the remaining store portfolio and work with the affected staff to access redundancy payment and support.”

M&S earlier this week said it had bought the brand, and was in the process of finalising a deal to buy its products and "supporting marketing assets". That has now completed.

Richard Price, managing director M&S Clothing & Home said: “We have set out our plans to sell complementary third-party brands as part of our wider Never the Same Again programme to accelerate our transformation and turbocharge online growth.”