Savile Row's Gieves & Hawkes faces being wound-up due to its parent company's financial problems. Without a new backer, the 250-year old firm and its sister firm Kent & Curwen could be wound up, according to The Times. The tailor's Chinese owner Trinity Limited is controlled by the Shandong Ruyi Technology Group, presently weathering a debt crisis. There will be a vote in Hong Kong on 4 November to determine what happens to the brands.

(c) 2021 City A.M., source Newspaper