It is with sadness that I have to report that Loewe has moved into administration in Germany.

It has been known for a while that Loewe have been courting a major investment. While we only know their premium products, in mainland Europe they had also been a mass-market player only 10 years ago. As this part of their marke t has been eroded by chinese and korean brands it has been a difficult realignment for them.

Ironically Loewe UK was actually profitable even if the parent company was not. Assurances are being made that service will continue, however we await further details.