Aquascutum Is Hemorrhaging Jobs

Aquascutum. Photo: Matteo Volta/Imaxtree

Since filing for bankruptcy earlier this week, Aquascutum has been forced to close its U.K. manufacturing plant, which employed about 150 people. Meanwhile, its retail stores are still operating, and the company is seeking a buyer. (Changing its name to something less respiratory-sounding probably couldn't hurt, either?)