Aquascutum hit by losses, falling into administration

UK luxury brand Aquascutum collapsed into administration this week. Losses continued to be incurred and the challenging conditions in the UK meant the brand could not change its fortunes. The company plans to close the company's Corby manufacturing site, making 115 staff redundant.

UK: Aquascutum factory to shut with loss of 115 jobs

19 April 2012

Administrators acting for UK luxury brand Aquascutum have revealed plans to close the company's Corby manufacturing site, in a move that will make 115 staff redundant.

UK: YGM Trading eyes Aquascutum brand outside Asia

19 April 2012

Hong Kong-based YGM Trading, which owns the licence to Aquascutum in Asia, says it is in discussions to buy the rights to the luxury brand in different territories after it fell into administration on Tuesday (17 April).

UK: Luxury brand Aquascutum falls into administration

17 April 2012

Luxury UK fashion brand Aquascutum today (17 April) called in the administrators after owners Harold Tillman and Belinda Earl failed to stem losses at the business.