ETI statement on Aquascutum closure of Corby factory

The media has recently reported that Aquascutum has gone into administration, closing its Corby factory and making 115 workers redundant.

GMB, the union representing almost all of the factory's workers, has publicly criticised the site closure, saying that Aquascutum has breached statute law by not consulting on the redundancies.

It has also been reported that Aquascutum has resigned its membership of the Ethical Trading Initiative. We can confirm that this is correct. While Aquascutum was a member of ETI for more than 2 years, it discontinued its membership in March this year, citing financial reasons. We understand that a new licensing agreement with partners in Italy meant the company no longer had direct control over its supply chain.

ETI is sorry to see another renowned British retail brand be placed into the hands of the administrators. It is a sign of the continuing difficult economic times for the retail industry.

However, ETI Director Peter McAllister said: "While we appreciate that Aquascutum has faced some challenges, legitimate questions must be answered regarding its Corby site closure. We understand that GMB had raised questions with Aquascutum about its business viability, but was denied the opportunity to collectively bargain. We are pleased that the union remains committed to representing the rights of these factory workers, and is investigating the channels for redress."