Jigsaw reported to be considering a sale

Premium British fashion chain Jigsaw is reported to have appointed KPMG to investigate opportunities for a sale of all or part of the business.

According to Sky News, John Robinson, who founded the chain in 1970, engaged the advisers to help with approaches from prospective buyers and investors.

A spokesperson for the company told the news outlet that the business had received a number of approaches concerning the purchase of a minority or majority stake, however "no sale process is underway".

Jigsaw has around 80 stores in the UK as well as concessions in department stores and an ecommerce site. Its latest figures show sales of £95m in 2016.