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.
Fantastic growing embroidery and clothing printers company. This is a relocatable business opportunity. Extensive list of fixtures and fittings. Offers invited.
RELOCATABLE
Upmarket restaurant and play centre based in Manchester. Affluent trading area. Beautifully presented throughout. Management team in place. Newly equipped in 2018. Offers invited.
Popular restaurant located in Media City, Manchester. Located close to BBC offices. Good public transport links. Offers invited.
|
16
|
|
Jul
|
Farsound Aviation sold to AGIC for £115 million | BUSINESS SALE
A supply chain management company operating in the aviation ...
|
15
|
|
Jul
|
Specialist engineering firm forced to appoint administrators | ADMINISTRATION
Rail contracting company Aspin Group Limited has been forced...
|
12
|
|
Jul
|
Irish mobile diagnostics firm snapped up by Blancco Technology Group | BUSINESS SALE
Blancco Technology Group, which provides a range of mobile d...
Sign up to receive our acquisition alert emails to get your FREE guide
|
26
|
|
Mar
|
Prezzo announces closure of 94 restaurants | BUSINESS SALE
The Prezzo restaurant chain has announced that creditors hav...
|
24
|
|
May
|
Women's fashion brand owner seeks sale, or risks administration | BUSINESS SALE
A women’s fashion label owner is on the hunt for a cas...
|
11
|
|
Apr
|
Historic fashion chain Jaeger falls into administration | ADMINISTRATION
Historic fashion chain Jaeger, which has counted models, roy...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources