Jaeger news turns graduates' heads - graduate jobs

Luxury brand Jaeger has put fashion graduates on high alert by announcing plans for "significant" expansion in key international markets.

It is believed the firm will open new stores in Europe, the Middle East and North America in the near future.

The 126-year-old company said a 16% rise in annual earnings had allowed the move, which it plans to follow up by launching a new online offering in the next few months.

In all, Jaeger reported underlying earnings of £7 million in the year to February 28 despite stagnant sales of £85.5 million.

The company has 45 UK stores, with two new outlets in Liverpool and Milton Keynes opening in the last year.

Chief executive Belinda Earl said: "Continued investment in Jaeger has delivered improved profit performance, despite last year's challenging economic environment."

She added that the expansion plans were a key plank in the company's growth strategy.

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