Fashion retailer Jigsaw has confirmed that it is seeking a buyer for the business. Having founded the company in 1970, Jigsaw’s controlling shareholder John Robinson has appointed KPMG to deal with approaches from interested parties.

A spokesperson for Jigsaw said: "The have been a number of approaches directly to Jigsaw around the purchase of a minority or majority stake.

“No sales process has been activated but we continue to have conversations with interested parties.”

Jigsaw’s most recent annual results reveal that the company had a turnover of £95 million with a profit of £6 million.