CAPA instructed on more than 50 Jaeger store leases
CAPA has been instructed by Alix Partners, the corporate restructuring and turnaround specialist, to advise them on the leasehold retail portfolio of Jaeger - the fashion brand now in administration. This comprised over 50 sites in central London and affluent market towns.
Peter Saville, Ryan Grant and Catherine Williamson of Alix Partners were appointed joint administrators of Jaeger in April, after the owner of the business, Better Capital, was unable to attract suitable offers to buy the company.
In May, Edinburgh Woollen Mill (EWM), the owner of multiple fashion brands, acquired the Jaeger brand and stock and secured a licence to occupy in order to ‘trial’ the stores.
As part of the process CAPA marketed all stores, leading to substantial premium offers and disposal of certain stores not retained by EWM.
The full list of stores can be seen on the PDF below.
