Job cuts reach 25,550: Jaeger, Debenhams and EWM

fifteen January: Marks & Spencer has finished its order of Jaeger out of administration, ensuing in the closure of sixty three suppliers and concessions. As a end result, all 211 shop staff members have been produced redundant, as perfectly as 22 head place of work staff members.

thirteen January: Debenhams suppliers in Portsmouth, Staines, Harrogate, Weymouth and Worcester will not reopen when the lockdown steps are lifted. The directors have also been not able to concur a lease extension with the landlord of its Oxford Street shop in London over and above this time period. It will also be forever shut. In total, 320 work opportunities will be affected by the shop closures.

twelve January: Edinburgh Woollen Mill Ltd, Bonmarché and Ponden Property have been sold to international investment decision consortium Purepay Retail Ltd, ensuing in  358 redundancies at EWM. A lot more could be on the playing cards at

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