Undeclared price paid in deal that leaves fate of Jaeger’s employees also uncertain

Marks & Spencer has bought the Jaeger fashion brand from administrators, in a deal that excludes the retailers 63 remaining stores.

M&S expects to complete the purchase of Jaeger’s stock and other assets by the end of the month, it said in a statement on Monday. The price it paid for the brand is understood to be in the low millions of pounds.

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