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Tillman mulls Jaeger sale


first_img Share Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut whatsapp Tillman mulls Jaeger sale whatsapp Show Comments ▼ KCS-content LUXURY fashion brand Jaeger may be put up for sale by owner Harold Tillman, after he received several approaches for the 126-year-old brand.Tillman, who also bought luxury label Aquascutum in 2009, has appointed investment bank Rothschild to consider strategic options for Jaeger, which may include an outright sale worth £100m, according to weekend reports.Fashion entrepreneur Harold Tillman bought Jaeger in 2003 for a small sum and was joined a year later by chief executive Belinda Earl, a former boss of department stores group Debenhams.When Tillman took over the brand had annual losses of £12m. The retailer now has more than 40 stores in the UK and its last results showed earnings of £7m on sales of £85.5m. Tags: NULL Sunday 13 February 2011 10:52 pmlast_img read more




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