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Jaeger has secured a £7.5m investment from Better Capital to fund improvements to its chain of 42 fashion stores.
Jaeger, the fashion retailer, is to be acquired by Better Capital for £20m.
Jaeger is planning to open at least ten fashion stores and concessions over the next year, to add to the existing 89.
Jaeger is planning to open six fashion stores in the current financial year, taking the UK total to 58, while expansion abroad will focus on India, China and Japan.
Jaeger, the fashion retailer, has been sold for the second time this year, this time to the founder of Honorbilt for a nominal sum.