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.
Just wearing a British made Burberry today in Sydney's torrential rain. Not many left.
Last time I looked in Regent Street I was not impressed. Their raincoat ranges now offer various qualities - some rather mediocre.
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
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.
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.
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)
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#
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.