Jaeger falls into administration risking hundreds of jobs

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Picture: PIXABAY

Fashion brand, Jaeger, falls into administration risking hundred of jobs.

The British retailer, which was founded back in 1884, went into administration earlier this month after failing to find a buyer.

This devastating news will put around 680 jobs at risk.

Jaeger currently has 46 stores and 63 concession stands.

The high street chain had allegedly been β€˜struggling’ after suffering from competition and the rapid growth of online shopping.

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