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Peacocks and Jaeger fall into administration putting more than 4,700 jobs at risk

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www.mirror.co.uk

Thousands of British jobs are at risk after fashion retailers Peacocks and Jaeger fell into administration. Bosses at the the companies have failed to find buyers, putting their future on the high street in doubt.

The two companies were put into administration this afternoon after a two-week deadline to find a buyer passed. Earlier this month, a spokesperson for owner EWM Group said they had been speaking to several potential buyers who were interested in parts of the business.

Jaeger runs 76 stores and concessions and has 347 employees while Cardiff-based Peacocks has 4,369 staff across 423 stores. Will you be affected if the businesses are forced to close?

Read more on mirror.co.uk
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