Suitmaker dating back to 18th century was put up for sale after collapse of Hong Kong-based owner

Mike Ashley’s retail empire is in advanced talks to take over Gieves & Hawkes, one of London’s oldest bespoke tailors on Savile Row.

Frasers Group, of which Ashley is majority owner, is in talks to buy the brand, which was put up for sale earlier this year after the collapse of its Hong Kong-based owner.

Suitmaker dating back to 18th century was put up for sale after collapse of Hong Kong-based ownerMike Ashley’s retail empire is in advanced talks to take over Gieves & Hawkes, one of London’s oldest bespoke tailors on Savile Row.Frasers Group, of which Ashley is majority owner, is in talks to buy the brand, which was put up for sale earlier this year after the collapse of its Hong Kong-based owner. Continue reading…