Skip to main content

Jaeger Eyes International Expansion

Luxury fashion brand Jaeger is planning to open more stores across Europe, the Middle East and North America, after reporting that annual earnings shot up 16%.

Luxury fashion brand Jaeger is planning to open more stores across Europe, the Middle East and North America, after reporting that annual earnings shot up 16%. In a move that is likely to create a number of new graduate retail jobs, the British company has outlined how it wants to increase its international footprint further. "Significant" expansion is being planned in key international markets and a new online platform is to be rolled out this autumn. Despite sales remaining flat at ??85.5 million, Jaeger reported underlying earnings of ??7 million in the year to February 28. But it said the group had seen a pick up in sales since the year-end, up 12% on a year ago. Jaeger now has 45 UK stores after opening another two outlets during the past financial year, in Merseyside's Liverpool One shopping centre and Milton Keynes, while it also added another 10 concessions in stores including Harvey Nichols. Belinda Earl, group chief executive of Jaeger, said: "Continued investment in Jaeger has delivered improved profit performance, despite last year's challenging economic environment." She added the increase in Jaeger's UK and international portfolios and the new online store "underpins our future growth". Openings are scheduled within the Nordstrom department store in the US and a second outlet in Dubai.
the grb team grb author

Graduate Recruitment Bureau (GRB) is the UK's highest review-rated graduate recruitment consultancy. Every day our teams of sector-specific experts get contacted by major graduate recruiters, SMEs and start-ups who are looking for high calibre university students and graduates.

Latest Blog Posts

Marketing is all about blending data and creativity to connect with audiences, drive brand success, capture trends and grow businesses.

Read more

Celebrating Learning Disability Awareness Week 2024, we explore how graduates with learning disabilities can be seen, heard, and valued while navigating the job market.

Read more

Explore the vibrant world of graduate jobs in operations, uncovering opportunities, skill requirements, and career paths for 18-24-year-old students entering the workforce.

Read more