UK: Jaeger Sold Again, Viyella Deal “Imminent”
Entrepreneur Richard Thompson has sold the Jaeger fashion chain after just six weeks and is expected to announce the sale of the Viyella brand in the next few days, it was reported on Monday. Thompson, who bought both brands for a nominal sum from thread giant Coats in January, has sold Jaeger to Harold Tillman, the man behind the Jeff & Co clothing range sold in supermarket chain Sainsbury's.