BRITISH high-street retailer Jaeger has gone into administration, following confirmation from the brand last week that it had filed a notice of intention to appoint administrators.
It puts 700 jobs at risk in the UK, across its 46 stores, 63 concessions, London head office and logistics centre in Kings Lynn.
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The directors of the 133-year-old fashion brand - which has struggled with the increase in competition between high-street retailers and the rise of online shopping in recent years, reports the BBC - are said to have appointed administrators after attempts to find a suitable buyer failed.