Jigsaw is the target of a potential £27 million takeover bid. The women’s fashion retailer, owned by parent company Robinson Webster, has received the indicative offer from little-known investor Henrik Madsen.
Women’s fashion retailer Jigsaw has relocated its King’s Road, London, store. The new 2,150 square feet space offers an “intimate shopping destination… with an inviting frontage with an open view into the store".
A growing number of fashion brands and retailers are switching from traditional clearance channels to its premium e-commerce marketplace for fashion and beauty, Secret Sales claims after its first year in business.
Peter Ruis, the UK fashion executive who used to run Jigsaw and was Executive Buying & Brand Director at John Lewis, is moving to Canada to run Indigo, the country’s largest books and lifestyle retailer.
New Look is believed to be planning a second CVA with Deloitte expected to come on board as adviser this week. As part of the CVA, the company will be seeking new rent-linked lease contracts for 450+ stores.