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UK handbag retailer to close website as takeover puts 21 stores at risk
Gordon Brothers’ takeover left 21 UK stores outside the deal, and 42 jobs are set to go as clearance sales continue, the company said.
- Radley London closed its website at midnight on Wednesday, August 19, with reports indicating all 21 stores and 19 concessions face permanent closure by the end of August.
- Gordon Brothers, which also owns Bennett, purchased the Radley brand and intellectual property in a pre-pack administration deal this May, though the acquisition excluded the retailer's physical store operations.
- Customers can access up to 70 per cent off during a clearance sale, with some items discounted by more than £100, while staff at Braintree Village and Clarks Village face imminent closures.
- This shutdown reflects broader British high street instability, as Leading Labels closes 15 stores and Whitbread recently confirmed plans to shutter Brewers Fayre and Beefeater locations.
- Reports in Drapers and Retail Weekly indicate stores will remain open until September before closing permanently, though the brand's long-term market future remains uncertain.
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Total News Sources24
Leaning Left2Leaning Right0Center22Last UpdatedBias Distribution92% Center
Bias Distribution
- 92% of the sources are Center
92% Center
C 92%
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