Savile Row tailor Gieves & Hawkes has been put into liquidation after failing to find a buyer for the 250-year-old brand.
The British tailor, along with its sister brands Kent & Curwen and Cerutti, faces being consigned to history after its Chinese owner, Trinity, appointed FTI Consulting and R&H Services as joint liquidators.
It is understood that the firms were drafted in by Standard Chartered, the company’s lender, after advisory firm RSM failed to find a buyer.
It has about 60 shops in Britain, including 1 Savile Row, W1.
Marks & Spencer is believed to be interested in a deal for the brand name, which it could add to Jaeger, but the complicated ownership structure of Trinity and a change of liquidators has frustrated any traditional sale process.
