298
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
Published
Oct 26, 2021
Download
Download the article
Print
Text size

Gieves & Hawkes edges closer to end game over parent company woes

Published
Oct 26, 2021

Gieves & Hawkes, the luxury bespoke tailoring business, could be a step nearer to closing down after 250 years as the problems facing its parent company continue to weigh on its operations and a crunch creditor vote looms next week. Also at risk is sister company Kent & Curwen.


Gieves & Hawkes



The Savile Row tailor and its portfolio-mate face a winding up order and could close unless a new backer is found, The Times reported.

The firms are ultimately owned by Chinese conglomerate Shandong Ruyi Technology Group, which is struggling in the face of a huge debt load. The business also owns the Cerruti brand.

It’s believed that the search for a buyer continues and a restructuring firm has been recruited. But sources told the newspaper that the best chance of finding a buyer is to opt for liquidation.

In recent years, buyers of distressed brands have often shown themselves more willing to step up once a company has been put into administration or liquidation as it removes many of the complications (such as onerous store leases) that would come with buying a going concern.

Gieves & Hawkes has its historic premises a 1 Savile Row but also operates another 58 shops in 25 cities.

The crucial creditor vote in Hong Kong will happen on November 4.

Copyright © 2024 FashionNetwork.com All rights reserved.