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Style chain Jaeger has stated it can axe 103 jobs and shut 13 shops, every week after falling into administration.
The retailer stated it has lower 47 in-store positions and 56 head workplace and distribution roles as a part of a restructuring.
The chain was positioned into administration final week by proprietor, retail billionaire Philip Day.
Directors have stated they are going to proceed to seek for a purchaser for the enterprise however made the cuts as Jaeger was “unable to maintain its present construction”.
Jaeger has decreased its shops property to 63 retailers and concessions, and now employs 244 employees in consequence.
Mr Day employed specialists from FRP Advisory to supervise the insolvency of Jaeger and sister enterprise Peacocks, which operates 423 shops with 4,369 employees.
The retail tycoon’s EWM Group had already positioned its Edinburgh Woollen Mill and Ponden Home based business into administration earlier this month.
Tony Wright, joint administrator of Jaeger Retail Restricted and associate at FRP, stated: “We proceed to carry discussions with events relating to a attainable sale.
“Regretfully, redundancies have been made throughout various head workplace and retailer roles.
“We’re working with employees to assist them and assist make any claims to the Redundancy Funds Service.”
Jaeger’s on-line buying operations, together with its on-line manufacturers Austin Reed and Jacques Vert, stay open and proceed to commerce.
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