According to a Sky News report citing retail industry sources, Frasers Group is among a handful of bidders vying for control of Savile Row tailor Gieves & Hawkes after it’s Hong-Kong based owner collapsed into liquidation.
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Trinity Group which also owns the Kent & Curwen brand is owned by Chinese textile giant Shandong Ruyi Technology Group which took a majority stake in 2017.
Frasers Group which has been on an aggressive acquisition spree in recent years did not comment on the talks with Gieves & Hawkes.
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In June, it upped its investment in Hugo Boss, and now owns a 26% stake in the brand.
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By GlobalDataWhile in July, it added its first fast-fashion pureplay to its roster by acquiring Missguided in a GBP20m (US$25.2m) deal.
