Troubled tailor TM Lewin has collapsed for the second time in two years – putting 100 jobs at risk.
The upmarket shirt maker, which had a shop in Market Street, Newcastle, is victim to the shift away from formal clothing, as more workers embrace hybrid or home working. The business was devastated by the Covid lockdowns and has struggled since.
The brand, which claims to have sold 70 million shirts since it started in London in 1898, had to call in administrators after being unable to complete a payment to its lenders. Lewin was rescued by Torque Brands in May 2020, but just a month after the deal was completed it was plunged into administration with £16 million of outstanding debt. Torque bought back the brand and continued to operate the business online.