Ascot: Maker of molded Acetate handbags and imported wicker baskets, embellished with floral trim (1954).
It is not absolutely certain that this news story on page 30 of the February 1942 issue of Luggage and Leather Goods is actually about the same Ascot, but the mention od plastic products points to a connection.
Features Leather Novelties
New Leather Novelties
July 1954 Handbags & Accessories, page 35
Ascot display ad on page 7 of the March 1955 Handbags & Accessories.
These bags are eamples of style No.140. The "S" curve latch is similare to one Wilardy used, but this one is molded, not fabricated from a piece of lucite. The bags are Molded Acetate, not lucite.
970620: Two tray design marked "Ascot" on the bottom, beautiful pearl gray oval base 4 x 7 1/8 and 4 1/4 " high, molded plastic clasp holds top tray, bottom tray by push-in activated hook clasp, metal parts in excellent condition. SOLD for $140 in 1997
B00368: Stunning Bronze Swirl Acetate and 2-Tray design make this an important addition to any collection. The top 7/8" deep top section latches with an "S" contour strip. A rectangular mirror is attached to the lid of this section. The larger 2 1/4" deep lower section fastens with a slide button latch. The bottom of the bag carries the Ascot logo. Slight wear to the body, four faint marks on the lid where the handle rests and some scratching on the bottom of the bag are the only flaws. Measures 7 x 4 x 41/4".
Valued at $195 and available at The Bag Lady Emporium