×
71 925
Fashion Jobs
UNDER ARMOUR
Stock Teammate, Part-Time 5am-10am Shift, $15 Per Hour
Permanent · LEHI
UNDER ARMOUR
Stock Teammate, Part-Time 5am-10am Shift, $15 Per Hour
Permanent · LUTZ
UNDER ARMOUR
Warehouse Administrator, Transportation Direct Ship (Mon-Fri 7:00am to 3:30pm $18.25)
Permanent · RIALTO
UNDER ARMOUR
Manager, Inventory Control And Quality Assurance (Night Shift) Tues-Fri 4pm to 2:30am $43.06
Permanent · RIALTO
UNDER ARMOUR
Manager, Inventory Control And Quality Assurance (Icqa)
Permanent · SPARROWS POINT
UNDER ARMOUR
Stock Teammate, Part-Time 4am-10am Shift, $15 Per Hour
Permanent · NORFOLK
ON RUNNING
Director, Internal & External Communications North America
Permanent · NEW YORK
UNDER ARMOUR
Stock Teammate, Part-Time 5am Shift, $15.25 Per Hour
Permanent · SACRAMENTO
UNDER ARMOUR
Operations Manager, Team Sales
Permanent · BALTIMORE
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Bloomie's
Permanent · FAIRFAX
BLOOMINGDALE'S
Asset Protection Supervisor, Full Time - Bloomie's Old Orchard
Permanent · SKOKIE
OLD NAVY
Assistant General Manager - Alameda so. Shore ct
Permanent · ALAMEDA
NEWELL
Manager, Human Resources
Permanent · PATASKALA
ECCO
Import Logistics Manager (Hybrid)
Permanent · LONDONDERRY
DECKERS
1st Shift Inventory Control Cycle Counter/Equipment Operator
Permanent · MORENO VALLEY
DECKERS
Stock Lead, Deckers Brands
Permanent · GOLETA
DECKERS
sr. Product Line Manager, Performance - Hoka
Permanent · PORTLAND
DECKERS
Retail Operations Coordinator
Permanent · GOLETA
DECKERS
Sales Operations Coordinator, Canada & Latin America
Permanent · GOLETA
DECKERS
Vice President, Global Marketing - Hoka
Permanent · GOLETA
DECKERS
Loss Prevention & Safety Manager
Permanent · MORENO VALLEY
DECKERS
Hoka Account Executive - st. Louis
Permanent · ST. LOUIS
Published
Mar 5, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Owner confirms Jaeger is for sale, could ex-owner Tillman buy it?

Published
Mar 5, 2017

British heritage brand Jaeger is on the market again, with majority owner Better Capital having confirmed rumours swirling around it in recent weeks. And it looks like former owner Harold Tillman could be interested in buying it back.


Jaeger is for sale and its ex-owner is interested in buying it



A controlling stake in the classic fashion brand was acquired by Jon Moulton’s private equity operation Better Capital for only £19.5m five years ago. On Sunday, Moulton said that “a considerable number” of buyers have already shown an interest.

Alix Partners is overseeing the sale process, Moulton confirmed to City AM, while the Telegraph reported Tillman’s interest in acquiring control of the brand that he sold back in 2012.

Few other details were available in either report but the prospect of Jaeger’s former owner returning to the helm is interesting with the brand having gone through one of its most directional phases under his last period of ownership.

In fact, lossmaking Jaeger has been through many changes and some bruising times in recent years but its latest turnaround does appear to be gaining some traction. Last month the company reported improved December and January trading and a good response to its outerwear offer. CEO Chris Horobin, a Better Capital partner, said Christmas period comparable sales were up 9% and online sales rose 22%.

The company opened a 2,000 sq ft store on Marylebone High Street last autumn and is launching its new website this month, designed to boost international sales.

However, the turnaround is still a work in progress and despite plans for new stores and an ongoing store revamp programme, it has also closed some stores, including its long-term Regent Street flagship. That location is now Coach and Stuart Weitzman’s London flagship.

Whether Jaeger can get back on top is still open to question and its historical ups and downs show that more than one CEO and owner have tried to turn it around with a number of different strategic approaches.

The brand, founded in the 1880s, targeted a stronger fashion image in the 1950s and 60s with modern, youthful designs by Jean Muir. But in subsequent years fell back on its more classic image and was struggling by the 90s.

In this century, under Harold Tillman’s ownership and led by seasoned retail executive Belinda Earl, it saw a return to the high fashion arena, first driven by Bella Freud and then by Stuart Stockdale.

But despite launching new, younger lines like Jaeger Boutique and getting strong reviews for the Jaeger London collections shown for several seasons at London Fashion Week, sales growth was elusive. It then switched back to a more classic strategy, something that has been continued under its current management and ownership.

Copyright © 2023 FashionNetwork.com All rights reserved.