Jaeger names new CEO

Former Esprit Chief Product Officer Colin Henry has been named Chief Executive Officer

of Jaeger, with effect from July 15.

Henry, who has also held senior management roles at Umbro, Ralph Lauren, and Marks & Spencer, is Jaeger’s first CEO since the premium high street brand was acquired by private equity firm Better Capital in April 2012.

Nick Sanders, head of portfolio at Better Capital, said: “I am delighted that Colin is joining as chief executive of Jaeger and on behalf of the whole team, I would like to warmly welcome him to the business.

“Over the last year, we have placed Jaeger on a positive trajectory and the business is now looking in good shape; I look forward to Colin building on this momentum in the coming months. His wealth of knowledge and experience of the retail sector, along with his strategic insight and creativity, will be invaluable in helping Jaeger to deliver its full international growth potential.”

Henry added: “I am enthused about getting involved with the business next month as I strongly believe it has a lot of potential, both in the UK and internationally. I look forward to working closely with Better Capital and helping to continue the good progress made since it acquired the business over a year ago.”