Business & Technology
Iconic British fashion brand to shut all 21 stores with jobs lost
Radley’s entire UK store estate has been placed under threat in a fresh blow to the high street, with all 21 shops facing closure, says The Sun.
The British handbag and accessories brand, known for its Scottie dog logo and leather handbags, is expected to shut its remaining standalone stores nationwide despite having been rescued in a recent takeover deal.
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This move puts dozens of retail jobs at risk across the country as the company shifts its focus towards online sales and wholesale channels, according to The Sun.
So far, there have been 42 instant redundancies with thousands of further roles now under threat.
Among the sites named as vulnerable is the Radley store at Cotswolds Designer Outlet, near Tewkesbury, which only opened last year as part of the new multi-million-pound shopping destination.
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The outlet, just off junction 9 of the M5 and serving towns and villages across the Cotswolds, had promoted Radley as one of its key fashion brands, alongside labels such as Boss, Levi’s and Guess.
Radley’s Cotswolds shop was designed as a “brand new store” offering an “elevated shopping experience”, according to the company’s own store information.
The Sun reports that a full timetable for the national store closure programme has not yet been confirmed.
This has left shoppers and employees waiting for further clarity on when individual locations, including the Cotswolds branch, will shut.