UK fashion chain appoints Alix Partners as administrators after failing to find a buyer for its 46 storesFashion chain Jaeger has collapsed into administration,putting 680 jobs at risk. The brand, which dressed Audrey Hepburn and Marilyn Monroe in its heyday, or had been trying to find a buyer to retain its 46 stores going,but its owner threw in the towel on Monday and appointed administrators.
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Source: theguardian.com