Retailer which dressed Churchill collapses
Aquascutum, the 160-year-old British clothing retailer which has dressed Winston Churchill and the Queen Mother, collapsed into administration yesterday, jeopardising 250 jobs.
The business was bought by Jaeger's owner Harold Tillman and its chief executive Belinda Earl in 2009 but it continued to make "significant losses" despite their efforts to turn it around, according to administrators at FRP Advisory.
A spokesman for House of Fraser in Belfast confirmed its Aquascutum concession closed around two years ago.
Joint administrator Geoff Rowley said he hoped there were parties interested in holding discussions over purchasing the business. Aquascutum was founded in 1851 by tailor John Emary. It was named after the Latin for water shield after it developed the first waterproof wool.