Trinity Group, the owner of Gieves & Hawkes, has been put into liquidation after attempts to find a buyer for the Savile Row brand failed. The British tailor, along with group brands Kent & Curwen and Cerutti, now face permanent closure after restructuring firm RSM failed to find a buyer.

The company's Chinese owners announced that it has appointed FTI Consulting and R&H Services as joint liquidators.

In a statement, Trinity Group confirmed that "liquidators have been assessing the financial position of the group and considering the opportunity of a possible restructuring. Further announcements will be made by the company to update the shareholders and the public on the development of restructuring of the Group as and when appropriate."

Founded in 1771, Gieves & Hawkes is a bespoke men's tailor and menswear retailer located on Savile Row, London.