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#1 2012-04-17 14:49:00

Bishop of Briggs
Member
Posts: 3487

Aquascutum in administration

Sad news - http://www.bbc.co.uk/news/business-17744983

"Luxury clothing retailer Aquascutum, best known for its trenchcoats, has gone into administration, putting about 250 jobs at risk...

"One drawback in attempts to revive Aquascutum's fortunes has been the fact that its royalty rights for the Asian market, a high growth area for luxury goods, have belonged to Hong Kong's YGM Trading since 2009."

Sadly, it's only Aquascutum's raincoats that are made in Corby. Most of the firm's suits, jackets etc are made in Portugal.

 

#2 2012-04-17 15:15:20

formby
Member
From: Old Sarum
Posts: 6109

Re: Aquascutum in administration

Bishop of Briggs wrote:

Sad news - http://www.bbc.co.uk/news/business-17744983

"Luxury clothing retailer Aquascutum, best known for its trenchcoats, has gone into administration, putting about 250 jobs at risk...

"One drawback in attempts to revive Aquascutum's fortunes has been the fact that its royalty rights for the Asian market, a high growth area for luxury goods, have belonged to Hong Kong's YGM Trading since 2009."

Sadly, it's only Aquascutum's raincoats that are made in Corby. Most of the firm's suits, jackets etc are made in Portugal.

Thatcher used to wear a lot of Aquascutum's stuff.

They used to have a shop in Manchester. Always thought they were a bit stuffy.

Sad to see them go though.


"Dressing, like painting, should have a residual stability, plus punctuation and surprise." - Richard Merkin

Souvent me Souvient

 

#3 2012-04-18 00:21:35

meister
Member
Posts: 978

Re: Aquascutum in administration

Just wearing a British made Burberry today in Sydney's torrential rain. Not many left.

 

#4 2012-04-21 04:53:20

Kingston1an
Member
Posts: 1520

Re: Aquascutum in administration

Last time I looked in Regent Street I was not impressed. Their raincoat ranges now offer various qualities - some rather mediocre.

 

#5 2012-04-24 16:01:44

Bishop of Briggs
Member
Posts: 3487

Re: Aquascutum in administration

Kingston1an wrote:

Last time I looked in Regent Street I was not impressed. Their raincoat ranges now offer various qualities - some rather mediocre.

Austin Reed moved into Aquacutum's Regent Street store a few months ago. The awful Superdry now occupies the old Austin Reed  store.

 

#6 2012-04-24 16:08:11

formby
Member
From: Old Sarum
Posts: 6109

Re: Aquascutum in administration

Bishop of Briggs wrote:

Kingston1an wrote:

Last time I looked in Regent Street I was not impressed. Their raincoat ranges now offer various qualities - some rather mediocre.

Austin Reed moved into Aquacutum's Regent Street store a few months ago. The awful Superdry now occupies the old Austin Reed  store.

They're in trouble too.


"Dressing, like painting, should have a residual stability, plus punctuation and surprise." - Richard Merkin

Souvent me Souvient

 

#7 2012-04-25 04:11:21

macabee
Member
Posts: 228

Re: Aquascutum in administration

I still have a tweed Aquascutum overcoat, bought in the 80's, not necessarily Ivy, but a classic cut all the same. Still sad to see them go.

Hardly surprising that according to a news piece I read the other day, a lot of younger British male's don't even own a shirt never mind a suit!

Ho Hum

I need a cuppa


"One martini is all right. Two are too many, and three are not enough"
James Thurber

 

#8 2012-04-25 06:25:06

Sal
Ivyist At Large
Posts: 368

Re: Aquascutum in administration

formby wrote:

Bishop of Briggs wrote:

Kingston1an wrote:

Last time I looked in Regent Street I was not impressed. Their raincoat ranges now offer various qualities - some rather mediocre.

Austin Reed moved into Aquacutum's Regent Street store a few months ago. The awful Superdry now occupies the old Austin Reed  store.

They're in trouble too.

I struggle to believe that.  Every second person I see on the street is wearing Superdry.

 

#9 2012-04-25 11:23:50

Kingston1an
Member
Posts: 1520

Re: Aquascutum in administration

How many people have you seen wearing a raincoat in the current deluge?

Most probably do not own such a garment, relying on the car and maybe an umbrella to keep dry.

Superdry is awful. I thought it was Japanese though.

 

#10 2012-04-25 11:54:31

Oo Bop Sh'bam
Ivy Iconoclast
From: within.
Posts: 4067

Re: Aquascutum in administration

Do you mean Austin Reed is in trouble, my old school friend lost his job as they combined the members club store with the regent street shop, he was the manager. sad

Superdry is an awful thing, it plays completely into a brand meaning something, over the aesthetic of its product, to the point where people don't actually know how crap they look. I suppose this plays into FNB's theories on the education of the masses and how poor it is sartorially.

Last edited by Oo Bop Sh'bam (2012-04-25 11:55:03)


''If I can't share my faith in Christ here, I'd just as soon not have to put up with people advocating drug use.''

 

#11 2012-04-25 12:02:26

formby
Member
From: Old Sarum
Posts: 6109

Re: Aquascutum in administration

Sal wrote:

formby wrote:

Bishop of Briggs wrote:


Austin Reed moved into Aquacutum's Regent Street store a few months ago. The awful Superdry now occupies the old Austin Reed  store.

They're in trouble too.

I struggle to believe that.  Every second person I see on the street is wearing Superdry.

http://www.bbc.co.uk/news/business-17787624


"Dressing, like painting, should have a residual stability, plus punctuation and surprise." - Richard Merkin

Souvent me Souvient

 

#12 2012-04-25 18:29:44

eg
Member
From: Burlington, ON
Posts: 1491

Re: Aquascutum in administration

Sal wrote:

formby wrote:

Bishop of Briggs wrote:

Austin Reed moved into Aquacutum's Regent Street store a few months ago. The awful Superdry now occupies the old Austin Reed  store.

They're in trouble too.

I struggle to believe that.  Every second person I see on the street is wearing Superdry.

Literally never heard of them until this thread! http://serve.mysmiley.net/confused/confused0024.gif


"Experience teaches only the teachable." A. Huxley

Oh, and if Latin is your thing, Sursum Corda

 

#13 2012-04-26 08:24:41

Bishop of Briggs
Member
Posts: 3487

Re: Aquascutum in administration

Kingston1an wrote:

How many people have you seen wearing a raincoat in the current deluge?

Most probably do not own such a garment, relying on the car and maybe an umbrella to keep dry.

Superdry is awful. I thought it was Japanese though.

It's a British company - http://www.supergroup.co.uk/about-supergroup

 

#14 2012-04-26 08:34:43

Film Noir Buff
Dandy Nightmare
From: Devil's Island
Posts: 7923

Re: Aquascutum in administration

Bishop of Briggs wrote:

Kingston1an wrote:

How many people have you seen wearing a raincoat in the current deluge?

Most probably do not own such a garment, relying on the car and maybe an umbrella to keep dry.

Superdry is awful. I thought it was Japanese though.

It's a British company - http://www.supergroup.co.uk/about-supergroup

Another mass produced, pre-packaged way to be an individual?


Style's a banquet and most poor suckers are starving.

My talented White Rabbit resides at www.mogucosplay.com https://www.facebook.com/pages/Mogu-Cosplay/62494764398

 

#15 2012-04-26 09:20:22

Big Tony
Member
Posts: 5478

Re: Aquascutum in administration

eg wrote:

Sal wrote:

formby wrote:


They're in trouble too.

I struggle to believe that.  Every second person I see on the street is wearing Superdry.

Literally never heard of them until this thread! http://serve.mysmiley.net/confused/confused0024.gif

Much crap comes from over there, despite the fantasy that Eurokrustyland is some sort of sartorial nirvana.

Too bad about Aquascutum, but I've been told (and Kingstonian has said it) that the company and its products seemed to lose their way years ago.


"What sort of post-apocalyptic deathscape is this?"
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#16 2012-04-26 11:19:47

Bishop of Briggs
Member
Posts: 3487

Re: Aquascutum in administration

Big Tony wrote:

eg wrote:

Sal wrote:


I struggle to believe that.  Every second person I see on the street is wearing Superdry.

Literally never heard of them until this thread! http://serve.mysmiley.net/confused/confused0024.gif

Much crap comes from over there, despite the fantasy that Eurokrustyland is some sort of sartorial nirvana.

Too bad about Aquascutum, but I've been told (and Kingstonian has said it) that the company and its products seemed to lose their way years ago.

Kingstonian is right. IIRC, the company (when under Japanese ownership) hired a woman CEO who tried to turn it another Burberry. I bought a raincoat (made in Corby, Northants) in the sale a few years ago. I should have checked the label first as it is 50% polyester.

 

#17 2012-04-27 03:57:38

macabee
Member
Posts: 228

Re: Aquascutum in administration

Aquascutum lost their way quite a while back. I was in the market [mid 80's] for new trench with a complete wool lining, previously I had purchased Burberry, but hey I thought I would give good old  Aquascutum a turn, I bought a grey/blue trench with a navy lining, well made, so I thought.

A year or so later I went back to Aquascutum to have the coat valeted and reproofed, well about two weeks later the coat was returned, the hem had dropped, also the hem on the cuffs, as you would appreciate I was quite furious, I spoke to the manager, he was very good about it, offered me a full refund or a new coat, I opted for the refund, went straight to Burberry's in Haymarket, bought a new trench with full lining, in the sale. I still have this coat, which I think say's it all.

Ho Hum


"One martini is all right. Two are too many, and three are not enough"
James Thurber

 

#18 2012-05-10 09:02:52

JohnL
Member
From: Oxford, UK
Posts: 254

Re: Aquascutum in administration

From BBC: Luxury clothing brand Aquascutum is sold for £15m to a subsidiary of YGM Trading, which already owns the rights to the brand in Asia.

http://www.bbc.co.uk/news/business-18024182#


"The less taste a person has in dress, the more obstinate he always seems to be. It is a great pity. Because he will never be a success as it" - Jerome K Jerome http://www.youtube.com/watch?v=DVHUA4dZ … re=related

 

#19 2012-05-13 03:45:23

Bishop of Briggs
Member
Posts: 3487

Re: Aquascutum in administration

JohnL wrote:

From BBC: Luxury clothing brand Aquascutum is sold for £15m to a subsidiary of YGM Trading, which already owns the rights to the brand in Asia.

http://www.bbc.co.uk/news/business-18024182#

Good news, especially the saving of jobs. It's logical that one firm should own and control the brand.

 

#20 2012-05-18 20:48:26

Chévere
Member
From: Baltimore
Posts: 391

Re: Aquascutum in administration

When I went to college from Puerto Rico my first raincoat was an Aquascutum my uncle gave me. Navy blue, no frills, no belt, have not seen anything so pure since.


Cógelo suave, pero cógelo.

 

#21 2012-05-19 02:38:18

Bishop of Briggs
Member
Posts: 3487

Re: Aquascutum in administration

Chévere wrote:

When I went to college from Puerto Rico my first raincoat was an Aquascutum my uncle gave me. Navy blue, no frills, no belt, have not seen anything so pure since.

I bought the same raincoat a few years ago. It has remained part of the core range for many years. Great for business travel.

 

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