17/04/2012 16:31 BST | Updated 22/05/2015 10:12 BST

British Heritage Brand Aquascutum Goes Into Administration

Sad news, fashion fans: British brand Aquascutum has gone into administration. The team spoke out to confirm the news this afternoon, blaming tough current conditions in the UK, and stating that they were "unable to turn the business around."

The label, launched in 1851, was bought by BFC Chairman

Passion for fashion? Follow us on Twitter and become our fan on Facebook