Administration for Cumbrian tailor to the stars
A high-end Cumbrian tailor who once made suits for Prince Charles, David Beckham and rock star Bryan Ferry, has fallen into administration.
Tom Mahon's business, English Cut, which has its workshop in Brampton, is continuing to trade, with administrators hoping to sell it as a going concern.
Simon Thomas and Arron Kendall of London-based insolvency firm, Moorfields Advisory, have been appointed joint administrators of English Cut which also has outlets in London and the US city of Boston.
Mr Thomas said: “Moorfields are continuing to trade the business and are in the process of marketing English Cut for sale with a view to preserving the brand, orders and jobs. At this stage there have been no redundancies.
"We are pleased to say that there have been expressions of interest. We remain hopeful that a sale can be achieved and the business rescued."
Mr Thomas added: "We are continuing to see retailers struggle with the ongoing issue of business rates. In addition, retailers are having to contend with inflationary pressures on disposable incomes and living wage increases affecting staff costs."
Mr Mahon began his career at Redmayne’s Tailors in Wigton before working in London's world-famous suiting street Savile Row. There he fitted out the likes of Prince Charles, Beckham and Ferry.