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Peacocks and Jaeger businesses collapse into administration

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Almost 4,800 jobs at risk after talks fail to rescue chains in Edinburgh Woollen Mill Group

The fashion chains Peacocks, Jaeger, Austin Reed and Jacques Vert have collapsed into administration, putting nearly 4,800 jobs at risk.

The retailers are all part of entrepreneur Philip Day’s Edinburgh Woollen Mill Group (EWM), which warned last month it was on the brink of collapse.

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