Frasers Group has acquired Savile Row tailor Gieves & Hawkes after the brand was put up for sale earlier this year following its owner’s slip into liquidation.
It continues rapid expansion for Frasers Group, which has this year increased its investment in Hugo Boss and swooped for Missguided, I Saw It First, as well as Studio Retail Limited.
Just last week the Shirebrook-based firm snapped up Coventry Building Society Arena, securing up to 1,000 jobs.
Gieves and Hawkes is a luxury menswear retailer dating back to 1771.
Michael Murray, CEO of Frasers Group, said the firm was “delighted to have acquired Gieves & Hawkes, securing a long term future for an iconic 250 year old brand.” He added that the acquisition brings credibility and valuable insights to Frasers’ tailoring business across its premium and luxury division.
