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Date: March 2022
Buyer: Marks & Spencer
Target: The Sports Edit
Business: Sports and active wear
Value: Undisclosed
Details: M&S has made a strategic investment into fast growing online retailer, The Sports Edit with a view to grasping a foothold into the burgeoning sports market. The CEO and founder of Sports Edit, Nick Paulson-Ellis shall continue to run the business independently and will continue to operate Sports Edit independently with the support of the investment by M&S to scale and grow the business accordingly.
Date: January 2021
Buyer: Marks & Spencer (“M&S”)
Target: Jaeger (in administration)
Business: Traditional high-quality womenswear and menswear
Value: Reportedly around £5 million
Details: M&S have purchased collapsed fashion brand Jaeger from administrators, FRP Advisory. Jaeger went into administration in November 2020 following hampered business performance resulting from the coronavirus pandemic. M&S have reported that the acquisition is part of its strategy to turbocharge online growth by selling complementary third-party brands as part of its Never The Same Again programme.
