×
854
Fashion Jobs
NORDSTROM
Loss Prevention Security Ambassador Eaton Centre
CDI · Toronto
NORDSTROM CANADA RETAIL INC
Loss Prevention, Sec. Amb.-1, pt, Willowbrook Rack 1
CDI · Langley City
L'OREAL GROUP
CRM Manager
CDI · Montreal
TJX CORPORATE
Business Planning Analyst
CDI · Mississauga
L'OREAL GROUP
Key Account Manager
CDI · Montreal
ZARA
Store Operations Manager (Toronto)
CDI · TORONTO
ZARA
Gérant de Département (Place Rosemère)
CDI · ROSEMÈRE
LEVI'S
sr. Manager, HR Business Partner
CDI · Richmond Hill
ESTÉE LAUDER COMPANIES
Operations Manager
CDI · Markham
ESTÉE LAUDER COMPANIES
Manager, E-Commerce (2 Vacancies)
CDI · Toronto
PUMA
Manager, Marketing
CDI · Toronto
L'OREAL GROUP
Trade Marketing Manager
CDI · Montreal
TOM FORD BEAUTY
Marketing Manager, Tom Ford, by Killian & Frederic Malle (1 Year Contract)
CDI · Toronto
RALPH LAUREN
Polo Factory Store - General Manager
CDI · Winnipeg
MAC
Bilingue Directeur(Rice) Régional Des Ventes/ Bilingual Field Sales Manager - (Retail Partner) - Mac Montreal,qc
CDI · Montreal
ESTÉE LAUDER COMPANIES
E-Commerce Manager, Mac Brand
CDI · Toronto
ESTÉE LAUDER COMPANIES
Senior Manager, Accounting & Controls
CDI · Toronto
FOOT LOCKER
Overnight Assistant Operations Manager
CDI · Vaughan
FOOT LOCKER
Overnight Assistant Operations Manager
CDI · Brampton
ESTÉE LAUDER COMPANIES
Operations Manager/Group Leader - 3rd Shift
CDI · Markham
WINNERS
Store Associate, Part Time, Winners, Surrey Central
CDI · Surrey
WINNERS
Store Associate, Part-Time, Winners Brandon
CDI · Brandon
Published
Jul 20, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Jigsaw weighs sale

Published
Jul 20, 2020

The board of fashion brand Jigsaw has appointed financial advisers to explore a potential sale.


Jigsaw


The company, which is owned by The Carphone Warehouse co-founder David Ross, has hired advisers from KPMG and Cavendish Corporate Finance to oversee rent negotiations with landlords and study options for the business.

City sources told Sky News that the board is considering a possible sale or the recruitment of a new external investor.

The revelation comes just over two years after Ross acquired the high street fashion retailer as part of a rescue deal.

According to insiders, the chain is expected to permanently close a number of its stores, regardless of the outcome of its talks with landlords. A staple of the UK high street, Jigsaw has approximately 75 stores and employs over 900 people.

The past year has seen the brand retreat from Australia and the US and focus on its core womenswear collection in a bid to streamline operations.

But the company has been hit by the same forces that have affected the retail sector in recent months, with some of the UK’s largest chains announcing hundreds of job cuts and store closures following the Covid-19 pandemic.

A Jigsaw spokesperson said: "We are confident that Cavendish and KPMG are the right partners to undertake this strategic review of our business.

“Jigsaw is a valued British heritage brand and the board is determined to do all it can to steer the company and its staff through this incredibly challenging time.”

Copyright © 2021 FashionNetwork.com All rights reserved.