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4,700 jobs at risk as Peacocks & Jaeger opt for administration

4,700 jobs at risk as Peacocks & Jaeger opt for administration

Fashion chains Peacocks & Jaeger have gone into administration putting over 4,700 jobs at risk. This comes post its owner Edinburgh Woollen Mill passed a deadline to identify a buyer for two brands, which have around 500 stores in total. The group acknowledged that it had to take the ’desperately difficult’ decision despite being in touch with in ’constructive discussions’ with potential buyers.

Milan
Milan
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