Aquascutum to be sold in March 2017

Aquascutum will be sold to two separate parties in March 2017. The brand which is currently owned by YGM Trading, based in Hong Kong, was bought for 15 million pounds in 2012. With this purchase the brand was rescued from administration in the same year.

Meanwhile, Aquascutum has closed 14 stores in China – their main market – as well as one in Taiwan.