Aquascutum news and archive

Shandong Ruyi, 'China's LVMH', is downgraded following spending spree

Fashion giant Shandong Ruyi, often considered the Chinese LVMH, has been downgraded by financial specialists Moody’s following a flurry of acquisitions. Shandong Ruyi is majority shareholder or parent company to host of global brands, including Bally, Aquascutum, Gieves & Hawkes and French Group SMCP whose fashion brands include Sandro, Maje and...

Retail

Aquascutum launching store on JD.com

The British heritage brand opens an official flagship store on China’s largest e-commerce retailer, JD.com. The opening is coupled with Black Friday, offering steep discounts of up to 60 percent off. Known for its iconic trench coats, Aquascutum will be offering their signature styles and a selection of merchandise on the new JD.com store. “We...

Business

YGM confirms Aquascutum sale to Shandong Ruyi Group

London - YGM Trading has confirmed the sale of British heritage brand Aquascutum to Jining Ruyi Investment Co Ltd, a holding company owend by Shanding Ruyi Technology Group for 117 million dollars (95 million pounds). On Thursday evening YGM Trading announced it had reached an agreement to sell the manufacturing, retailing and intellectual...

BusinessFeatured

Aquascutum sold for 97 million pounds

The high-end brand will change hands once more. The British brand, currently owned by Hong-Kong-based YGM Trading, which bought it for 15 million pounds in 2012. The new owners are reportedly taking over the business in March 2017. The clothing company, which started as a tailoring business in Mayfair back in 1851, will be sold to “two...

Fashion Featured

LFW: Kasha Crampton delivers sexy debut for Aquascutum

Luxury brand Aquascutum returned to London Fashion Week with a sexy presentation to mark the debut of young British designer Kasha Crampton, which saw models draped across fine, eclectic furniture, while sipped champagne lounging around the Georgian townhouse salon. This was the first collection from the new Aquascutum in-house designer Crampton...

People

Aquascutum confirms new MD and head of menswear

London - Heritage fashion brand Aquascutum has confirmed the appointment of former managing director of Alfred Dunhill, Philip Brassington as its new managing director, succeeding chief operating officer, Mark Taylor. In addition, the luxury British label has named Te Dinh Sy as head of menswear, succeeding Thomas Harvey, who left the company in...

People

Aquascutum COO exits role after 3 years

London - Mark Taylor, the Chief Operating Officer at Aquascutum, is set to step down his role this July to pursue another opportunity, according to the luxury retailer. Aquascutum has begun its search for a successor, but Andrew Chan, Chief Executive at Aquascutum, is to take over Taylor's daily tasks and responsibilities on an interim basis...

Fashion Featured

Aquascutum launches the Bogart Trench

Heritage fashion brand Aquascutum is partnering with the Bogart Estate to launch a Humphrey Bogart inspired trench coat, after signing a 5-year agreement. The trench coat, named after the actor, has been inspired by The Kingsway, the style Humphrey Bogart wore. This May will see a small number of Bogart trench coats launch in the Aquascutum...

Fashion

Aquascutum expansion continues with Nordic deal

British label Aquascutum has signed a distribution agreement with Nordic agency Sjöklint Agenturer AB, to distribute the Aquascutum 1851 collection across Sweden, Norway, Finland and Denmark. This deal follows on from the heritage label’s recent agreement with the Jaytex Group to distribute the collection across Canada and the US, as it looks to...

Fashion

Aquascutum expanding to America and Canada

British heritage brand Aquascutum has signed a licensing deal with Canadian firm The Jaytex Group to distribute its mainline, Aquascutum 1851 London collection, in American and Canada. The Jaytex Group, which works with brands including Kenneth Cole and Ben Sherman, will oversee the brands wholesale and retail distribution, as well as plan the...

Fashion

Aquascutum to offer made to measure service

British heritage brand Acquascutum will re-introduce a made to measure service as part of its clothing offer. The company, which was founded in 1853, said it felt something was missing from the range since it closed its Regent Street flagship. Thomas Harvey, head of design of Aquascutum's menswear, told Drapers: "Made-to-measure is a great...

Design

Nicole Farhi's creative director steps down

Joanna Sykes, creative director at fashion label Nicole Farhi, has stepped down from her role and left the company. Sykes reportedly left the label into order to give her full attention to new projects, according to Drapersonline. She first joined Nicole Farhi in 2012, after working as design director for Aquascutum. “I have always had great...