Monday, 16 April 2012

Seems British fashion labels don't stand a chance.

It seems more and more British companies are going through a hard stretch at the moment, with news that Aquascutum is looking for a new buyer it is not a good notion for other long standing companies.
This brings us to one of the eldest running establishment in Great Britain the fashion brand Jaeger, which was established during the late 19th century. It seems that Better Capital (investment group) have bought the Jaeger debt and 90 percentage of the high-end fashion brand.

It may seem that it is a good sign for British fashion houses as a whole, as other investment groups are still greatly coveting after these companies, however it begs the question how difficult the British economy has become that even companies such as Aquascutum and Jaeger cannot even support themselves in this economic climate. It also begs the question can small and up and coming companies grow in this climate.

article written by: www.frontpose.com

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