United Kingdom
Location of affected unit(s)
London and other locations
Retail Trade, Except Of Motor Vehicles And Motorcycles
Retail Sale Of Other Goods In Specialised Stores
47.71 - Retail sale of clothing in specialised stores

100 - 272 jobs
Number of planned job losses
Job loss
Announcement Date
3 June 2017
Employment effect (start)
Foreseen end date


Parent company of fashion retailer Jacques Vert has been sold to Calvetron Style Holdings, a company backed by three entrepreneurs. The sale of the business has secured the future of 1,272 jobs in the UK and 1,719 jobs worldwide. However, there will be 272 job losses, with the majority of these based in the UK. There will be 98 job losses from the head office in Shoreditch, London, as well as losses from the warehouses in County Durham. In addition there are 17 standalone UK based stores which have not been included in the sale of the business and jobs will be lost from these sites which will close immediately.


  • 3 June 2017: The Telegraph
  • 3 June 2017: Sky news
  • 5 June 2017: Retail Gazette


Eurofound (2017), Jacques Vert, Merger/Acquisition in United Kingdom, factsheet number 91325, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/91325.