• CLOTHING
    Jaeger clothing chain collapses into administration

    The fashion chain Jaeger has gone into administration, putting 700 jobs at risk in the UK. The British retailer’s directors appointed administrators after failing to find a suitable buyer for the struggling clothes business. Jaeger has 46 stores, 63 concessions, a head office in London and a logistics centre in King’s Lynn. The firm has […]

  • NEWS
    WD’s SanDisk Deal Re-Priced After China Deal Collapses

    The US hard-disk maker, Western Digital Corp, said on Tuesday that China’s Unisplendour Corp Ltd had scrapped its planned $3.78 billion investment in the company, a move that in turn alters the terms of Western’s deal for rival SanDisk Corp. Unisplendour, a unit of China’s state-backed Tsinghua Holdings Co Ltd, dropped its plan to buy […]