• Linkdin
Maximize your media exposure with Fibre2Fashion's single PR package  |   Know More

UK PE firm acquires apparel retail chain Jaeger

16 Apr '12
1 min read

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

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search