01 April 2022, Mumbai:
Marks & Spencer (M&S), Frasers Group, and Charles Tyrwhitt are all said to be interested in acquiring TM Lewin, a British online menswear shop. Crew Clothing, another British garment behemoth, is also on the hunt for the menswear company that went into administration for the second time in two years earlier this month.
All of the aforementioned fashion shops have asked Interpath administrators for further information on TM Lewin's recent financial performance.
ALSO READ TM Lewin,UK goes into administration
The retailer was severely harmed as a result of the pandemic's decline in menswear and formalwear, driving it into administration in 2020.
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Interpath Advisory's Will Wright stated that their immediate focus is to investigate options for the company, including a sale of the company and its assets.
TM Lewin was founded in 1898 and is noted for its shirts, suits, chinos, ties, and jackets, among other things.
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CREDITS: The Industry Fashion & Apparel Resources.
