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Luxury retailer Aquascutum faces court case 21 March 2012

Luxury clothing retailer Aquascutum is being pursued by an Oldham-based textile manufacturer for the alleged non-payment of invoices.

Insolvency News understands that textiles group R Gledhill has worked with the luxury clothing group for several years but has been forced to submit a winding up petition for non-payment of invoices, according to sources familiar with the situation.

Baxter Caulfield has been appointed to represent the petitioner in the case which has been set down to be heard at Leeds District Registry on 8 May 2012.

Jaeger and Aquascutum are owned by a private company of which respected fashion entrepreneur Harold Peter Tillman CBE is a director.

The news comes just days after chief executive Belinda Earl resigned from her role as chief executive of Jaeger and Aquascutum for ‘health reasons’.

Earl was previously chief executive of Debenhams and is thought to have remained a non-executive of the business.

Last week it was reported that a number of staff at Jaeger’s head office had been put into consultation for redundancy.

Aquascutum invented the first waterproof cloth back in 1853 and were the first to create the waterproof raincoat in the UK.

At the time of writing, representatives at Aquascutum and Baxter Caulfield were unavailable for comment.



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