Shirebrook-based Frasers Group is on the cusp of acquiring Savile Row tailor Gieves & Hawkes.
According to Sky News, Frasers Group is in “advanced talks” to snap up the brand, which was put up for sale earlier this year following its owner’s slip into liquidation.
The deal’s value has not been disclosed.
It continues rapid expansion for Frasers Group, which has this year increased its investment in Hugo Boss, made an offer for Australian business MySale (for which it is nearing its takeover), and swooped for Missguided, I Saw It First, as well as Studio Retail Limited.
Gieves and Hawkes is a luxury menswear retailer dating back to 1771.
