Mike Ashley’s Frasers Group has bought Gieves & Hawkes, one of London’s oldest bespoke tailors.
Frasers, which already owns Sports Direct, House of Fraser, and the Flannels designer casual wear chain, is understood to have taken on the Gieves & Hawkes brand and five UK stores, including the flagship in the tailoring heartland of Savile Row, London. It is not clear how many jobs have been saved under the deal.
