Only seven weeks after acquiring TM Lewin from Bain Capital, SCP Private Equity, a consumer sector specialist, has shut permanently all 66 of the menswear retailer’s stores across the UK. The move follows the news that the company fell into administration on Tuesday 30 June, after coming under pressure because of the lockdowns introduced to stop the spread of the coronavirus.

SCP’s special purpose vehicle set up to acquire TM Lewin in May, Torque Brands, has agreed on a pre-pack administration deal and will move the brand exclusively online.