Gieves & Hawkes could face closure

Savile Row tailor Gieves & Hawkes could face closure after 250 years of business. Their Chinese parent company Shandong Ruyi Technology Group. has failed to pay its debts, and unless a buyer swoops in for the storied tailor, they could shut permanently alongside their sibling brand Kent & Curwen. The order to liquidate some of their brands comes after Shandong Ruyi failed to appeal against creditors. On November 4, a vote will take place to determine the future of the brands.