Rough Trade – London, U.K. – Part Two
In Part One we explained how former Public Image Ltd member Jeanette Lee joined the Rough Trade effort in 1987. Jeanette had also been an employee at renowned punk clothing retailer Acme Attractions.
Jeanette brought her own brand of marketing innovation to the record label and the late 1980s saw an influx of guitar driven bands which, in the era of Britpop, appeared the way forward. Unfortunately this was also the very point at which a number of bad decisions and an adverse credit climate caught up with the label. The company’s unwise move to a Finsbury Park premises in 1991 appeared to be the catalyst for the decline of Rough Trade. The parent company Rough Trade International went into liquidation and everything connected to Rough Trade was sold off in an effort to pay creditors. For the next ten years the story of Rough Trade was over.
In 2001, Travis and Lee, partnering with Sanctuary Records, reacquired the Rough Trade name and, testing the water in several small ways, decided that it was the right time to step back into the business.
The decision proved to be the correct one and one of the first releases on the reformed label was The Strokes The Modern Age. The signing of The Strokes proved a masterstroke and the band became the most successful Rough Trade signing since The Smiths.
The 2000s proved to be a vintage decade for Rough Trade as a number of influential, innovative artists were signed. The Libertines, British Sea Power, Arcade Fire and Belle and Sebastian were all added to the roster, meaning that Rough Trade managed that most difficult of tasks for any record label – being relevant, credible and successful at the same time.
Rough Trade and Sanctuary Records parted company in 2007 with Sanctuary’s share being sold to the Beggars Group. Although Sanctuary’s influence was a loss, the deal with Beggars Group allowed Rough Trade a more robust presence in the U.S. This is one independent British label that it would be sad to lose again.


