Trinity Group, owner of menswear retailer Gieves & Hawkes as well as men’s shirt brand Kent & Curwen, has collapsed into liquidation.
The Group has, reportedly, appointed FTI Consulting and R&H Services as joint liquidators. Here it is important to state that the aforementioned liquidators were appointed by Trinity Group’s lender Standard Chartered.
In a statement released to media, the Group said that both the liquidators have been assessing its financial position and considering the opportunity of its possible restructuring.
Back in November 2021, Gieves & Hawkes had faced a winding-up order in a Hong Kong court after Trinity Group defaulted on a Standard Chartered loan.
Gieves & Hawkes, as per media reports, is on sale as a single entity and has been generating interest from retailers like Marks & Spencer and many other private equity firms.
Founded in 1771, London-based Gieves & Hawkes is known for its apparels and fashion. It holds the distinction of being one of the oldest continual bespoke tailoring companies in the world.
