The future of Harrogate’s Jaeger store is uncertain after the company entered administration today.
Parent company Edinburgh Woollen Mill has so far failed to find a buyer for Jaeger and its sister company Peacocks.
The two companies, which between them have 4,700 staff and almost 500 stores, have both gone into administration.
No redundancies or store closures have been announced yet.
At the end of last month, ‘closing down sale’ notices were displayed on the Harrogate shop front window in Cambridge Crescent.
Today’s announcement is another example of the devastating impact of the pandemic on high street retail. Local businesses had warned of the impact of a second lockdown.
- More than £7 million worth of grants will be offered to district businesses affected by covid.
- Knaresborough’s retailers close up shop and head online during second lockdown.
Edinburgh Woollen Mill and Ponden Homes also went into administration this month. Both had shops on Ripon high street. They also belong to the Edinburgh Woollen Mill group.
Jaeger had not replied to the Stray Ferret by the time of publication.