TM Lewin news and archive

TM Lewin owner Torque Brands mulls Jaeger takeover

The owner of British men’s formalwear retailer TM Lewin is reportedly in talks for a potential takeover of Jaeger. According to Sky News, Torque Brands is one of a small number of bidders for the company. Torque Brands, which is a vehicle set up by private equity house SCP, acquired TM Lewin in June in a move that resulted in the retailer’s...

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TM Lewin enters administration, closes all 66 stores

British menswear retailer TM Lewin is to permanently close all 66 of its stores after falling into administration, resulting in 600 job losses. The company’s assets have reportedly been bought back by its owner Torque Brands through a pre-pack deal which doesn’t include its store estate, The Telegraph reports. Torque Brands is a vehicle set up...