Jigsaw to expand into European market

Endaba Group

The British men’s and women’s fashion retailer is planning to expand into the European market, beginning with Switzerland. Jigsaw currently has 77 shops in the UK, 4 in the US, 5 in Australia, 2 in South Africa and 3 in the Middle East. They are also planning to increase their revenues from £100m to £500m.

They relaunched their menswear side three years ago. They currently have 5 menswear stores, but are attending to make it 20. Peter Ruis, CEO, is planning to add c.10 womenswear stores for each of the next 5 years to take the total to 125.

Jigsaw was recently in the press reportedly exploring a sale. Ruis denied these rumours, however, he said founder John Robinson will want to sell some of his 80% stake at some point