Robinson Webster-owned women’s fashion retailer Jigsaw could be in line for a major transformation if a potential £27m takeover bid by investor Henrik Madsen goes ahead. Madsen, founder of retail and brand consultancy HMJ International, has expressed his desire to enhance Jigsaw’s market position, expand its licensing opportunities and bolster its online presence. Although Madsen is seeking investor support for the plan, it remains uncertain whether he will be able to finance the deal. French brands such as Sandro, the Kooples, and Zadig & Voltaire have already demonstrated the potential of the premium fashion category, presenting a significant opportunity for Jigsaw in the UK market. Jigsaw has faced challenges in recent years, prompting a refinancing and the closure of nearly half its stores due to the pandemic. However, recent trading has shown promise, with Jigsaw relocating its King’s Road store in London to a new space in a bid to offer customers an intimate shopping experience. Before the pandemic, Jigsaw was making progress in improving profitability and has since renewed its focus on core products and undergone further restructuring.

Useful links:
Jigsaw official website
H&M official website