Home / Knowledge / News / Apparel/Garments / UK PE firm acquires apparel retail chain Jaeger
UK PE firm acquires apparel retail chain Jaeger
16
Apr '12
Better Capital, a private equity firm owned by British venture capitalist Jon Moulton, has acquired all of the secured debt and a 90 percent stake in the British fashion retail chain Jaeger Group Limited.

In 2002, fashion entrepreneur Harold Tillman acquired a majority stake in Jaeger, and two years later recruited former Debenhams Chief Executive Belinda Earl to run the business.

Established in 1884, Jaeger is UK's premium apparel retail brand dealing in menswear, womenswear and accessories. It operates 50 standalone outlets in addition to 70 concessions within department stores.

Jaeger posted profit before tax of £772,000 in the year to February 2011, registering a decline of £2.22 million compared to the previous year. Total sales, too, fell by 10 percent year-on-year to £94 million in the year to February 2011, for which figures are available.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 18th Feb 2017

Bangladesh apparel sector has 95% local investors: BGMEA

Over 95 per cent of the total investors in the Bangladesh apparel...

Textiles | On 18th Feb 2017

Smriti Irani resolves cutting of carpets issue at ports

During a meeting held with stake holders of the carpet weaving...

Apparel/Garments | On 18th Feb 2017

Andhra Pradesh inks MoUs to set up 12 apparel units

At the recent CII Partnership Summit held in Hyderabad, memorandum of ...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search