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12
Jan 2021
M&S buyout set to bring closure of Harrogate Jaeger store
Marks & Spencer's buyout of Jaeger is expected to lead to the permanent closure of the fashion brand's remaining stores, including the one in Harrogate.
M&S workers were seen this afternoon clearing stock from the Jaeger store on Cambridge Crescent and removing objects from the windows.
The future of the Harrogate store has been uncertain since November, when Jaeger and its sister company Peacocks went into administration.
Other brands have been in talks with Jaeger's administrators for months but no deal had been reached.
The deal with M&S is still being finalised but is expected to include Jaeger's intellectual property and not its 63 stores, leaving jobs at risk.
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M&S did not confirm, when questioned by the Stray Ferret, whether its deal would save Jaeger's existing stores.
In a M&S statement, Richard Price, managing director of M&S clothing and home, said:
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