In 2005, Patrick Grant was at New College, Oxford, studying for a Masters in Business Administration, writing a thesis on luxury brands (with particular focus on Burberry's recent phoenix-from-the-flames revival) when he saw an advertisement in the Financial Times: 'Bespoke Tailor for Sale.' Norton & Sons, established in 1821, had a reputation as outfitters to explorers and outdoor types, its owner once having been granted the freedom of the City of London 'for services to rugged tailoring'. But by the mid-2000s, next to the newly revamped Kilgour down the road and the upstart likes of Spencer Hart opposite, it looked old-fashioned and distinctly unadventurous. Grant, now 38, sold his house and car, persuaded a few friends to invest and found himself, with no formal training in fashion, the owner of a bespoke tailor. He painted the walls white, stripped out all the carpets, uncurtained the window and polished the floors. The tailoring was stripped down to beautiful basics, with each suit hand-cut and hand-sewn using British materials, and costing from £2,980 for a two-piece suit. Today, Norton is once again a Savile Row success story, making over 200 suits a year, and counting Amanda Harlech as a champion.