Gieves & Hawkes news and archive

Frasers Group buys Saville Row tailor Gieves & Hawkes

Another day, another acquisition by Frasers Group. This time, the British retail giant has bought iconic Saville Row tailor Gieves & Hawkes for an undisclosed sum. “We are delighted to have acquired Gieves & Hawkes, securing a long term future for an iconic 250 year old brand,” Frasers Group CEO Michael Murray said in a statement. “This...

Business

Frasers Group reportedly set to acquire Savile Row tailor Gieves & Hawkes

Retail giant Frasers Group is reportedly close to coming to an agreement to buy Savile Row tailor Gieves & Hawkes. The 250-year-old British retailer, which has been known to dress royalty and former politicians, is said to be in a series of “advanced talks” with the group, Sky News reported. It comes after the tailor was put up for sale earlier...

Business

Frasers Group reportedly steps in to bid on Savile Row tailor Gieves & Hawkes

Acquisition hungry Frasers Group is reportedly one of the few remaining bidders for British tailor Gieves & Hawkes. The retailer is up for sale after its Hong Kong-based owner Trinity Group collapsed into liquidation. According to sources at Sky News, Mike Ashley’s Frasers Group is now among a handful of bidders scrambling for a possible...

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Trinity Limited, owner of Gieves & Hawkes, reportedly falls into liquidation

Chinese fashion group Trinity Limited has reportedly been placed into liquidation after it failed to find a buyer for Savile Row’s Gieves & Hawkes. The 250-year-old British tailor could face consignment, alongside sibling brands Kent & Curwen and Cerutti, following Trinity’s appointment of FTI Consulting and R&H Services as joint liquidators. A...

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Marks & Spencer reportedly eyeing Gieves & Hawkes buyout

Marks & Spencer is reportedly considering a buyout of iconic Saville Rowe tailor Gieves & Hawkes. The 250-year-old company, along with sister brands Kent & Curwen and Cerutti, could face closure if a takeover deal isn’t agreed upon after its Chinese owner Trinity Group, which in turn is owned by Shandong Ruyi, defaulted on a Standard Chartered...

Business

Gieves & Hawkes could face closure

Savile Row tailor Gieves & Hawkes could face closure after 250 years of business. Their Chinese parent company Shandong Ruyi Technology Group. has failed to pay its debts, and unless a buyer swoops in for the storied tailor, they could shut permanently alongside their sibling brand Kent & Curwen. The order to liquidate some of their brands comes...