US fashion chain J Crew is all set to permanently close all six of its UK stores. The brand has appointed FRP advisory as liquidators to its UK businesses, which has a head office in London and employs nearly 80 staff. A spokesperson for the store said, “After a thorough review, we have determined we are best able to serve our UK customers through our global e-commerce platform and are closing our six stores in the country. We thank our UK associates for their dedication during this unprecedented time and are working to support their transition.”
J Crew opened a flagship store on London's Regent Street in late 2013 shortly after testing out a small menswear shop on Lamb's Conduit Street in Bloomsbury. It's exit from the UK comes after its parent group this month emerged from Chapter 11, the US form of bankruptcy, after winning approval for a plan to cut its debts. The brand was forced to restructure in May after falling out of favour with US shoppers who have turned to cheaper European rivals such as Zara and H&M.
