Has Aquascutum gone from business?

Luxury clothing retailer Aquascutum, best known for its trenchcoats, has gone into administration, putting about 250 jobs at risk. Harold Tillman and Belinda Earl bought the business in 2009 after it had made a £24m loss the previous year.

What has happened to Aquascutum?

In April 2012, the company went into bankruptcy administration. FRP Advisory was chosen to act as the administrators. Shortly after Aquascutum’s Asia licensee, YGM Trading, acquired the company for £15 million. In 2013, the Aquascutum factory was again put up for sale, and was purchased by a British owner.

Is Aquascutum a luxury brand?

Aquascutum is a luxury clothing, footwear and accessories manufacturer and retailer, currently owned by Shandong Ruyi. The brand was born in Mayfair back in 1851 and was originally founded by John Emary.

Why is Aquascutum only in China?

The 170-year-old Aquascutum has not reopened its historic Jermyn Street since lockdowns were imposed and it is only possible to buy its trenchcoats online in China. This is due to being denied further funding from its parent company.

Does Aquascutum return?

British heritage brand Aquascutum will once again offer a made-to-measure tailoring service in its stores on Great Marlborough and Jermyn Street in London. The service has been absent for four years.

Is Aquascutum part of Burberry?

These two beige macs – trenchcoats if you’re talking fashion – look remarkably alike. And yet this week the British company that makes the one on the left – Acquascutum – has gone into administration, while the British company that makes the one on the right, Burberry, has announced expected profits for 2011 of £372m.

Is Aquascutum good quality?

As one of the most recognisable British clothing brands, Aquascutum is renowned for their supreme quality and expert craftsmanship. Founded in 1851, they have been producing timeless clothing for over 150 years and continue to be the chosen brand of those who seek unprecedented design and finish.

How much was a Aquascutum trench coat?

Aquascutum, whose luxury raincoats have been worn by royalty and film stars, is being sold for $120m (£97m).

Is Aquascutum waterproof?

Its name is derived from the two Latin words “aqua”, meaning water, and “scutum”, meaning shield. Mr Emary developed tailored waterproof clothing and patented the first chemically treated waterproof fabric in 1853.