Major clothing brand with dozens UK stores announces closure
A popular clothing brand with 60 branches across the UK has announced it will close another store to the dismay of customers. Regatta, which sells outdoor clothing and equipment, is shutting down a shop in Dundee, Scotland - just over two years after its grand opening in the city.The announcement is the latest blow to the UK high street and comes after a number of retailers, including Sports Direct, JD Sports, New Look, and WHSmith, also announced closures. A 'closing down sale' recently appeared on the entrance of the Regatta outlet in Dundee's Overgate Centre - with the brand only taking over the space from Oasis in 2022.Customers have since shared their disappointment at the loss of the store on social media. One person wrote: 'There won't be anything left here soon.' 'Many more units will be closing soon,' another added. In February last year, Regatta, which is one of the go-to brands for all things outdoors, also shut a store in Chatham, Kent. Regatta, which sells outdoor clothing and equipment, is shutting down a shop in Dundee, Scotland - just over two years after its grand opening in the city (file photo) A popular clothing brand with 60 branches across the UK has announced it will close another store to the dismay of customers (stock photo) A 'closing down sale' recently appeared on the entrance of the Regatta outlet in Dundee's Overgate Centre (stock photo)The brand said at the time that it did not take this decision 'lightly', but it stemmed from dwindling customer visits to the store. It comes after it was revealed in January that WH Smith was in talks to sell its entire high street business in Britain after 233 years.WH Smith, which sells stationery, books, and is home to many UK post offices, has round 500 stores in Britain and employs 5,000 people across the country.It is currently set to close 17 of its branches over the coming months, following a further string of closures last year. In the past ten years, the business' high street sales have fallen from £684million to £452million. The travel arm of the firm - which consists of around 1,200 stores worldwide - generates 85 per cent of its profits.Meanwhile JD Sports announced this week it will close 50 stores next year. A number of retailers, including Sports Direct, JD Sports, New Look, and WHSmith, also announced closures (file photo) Select Fashion announced in February that it would close 35 of its shops, with all of them being located outside of London (stock photo)Read More Major fashion retailer to axe 35 stores within days in latest blow to UK high streets The popular sportswear brand, which boasts 4,850 branches worldwide, with 412 in the UK, is set for a restructure next financial year.Around 150 new stores will open, while roughly 100 will be converted or relocated, according to a quarterly report published earlier this month.The company anticipates 'volatile' trading conditions in the year ahead, after a 'challenging market' at the end of this financial year.But it is set to hit this year's targets for profits and sales, despite shares in the firm dropping in recent weeks, The Sun reported.Furthermore, Select Fashion announced in February that it would close 35 of its shops, with all of them being located outside of London.Stores across towns and cities in the UK closed by the affordable clothing retailer included Southampton, Bristol, Wolverhampton and Hartlepool.Experts said at the time the cull was a significant one for Select Fashion, which downsized its trading portfolio by just under a half with those closures.It comes after the fashion brand fell into administration in 2019, with the retailer blaming tough economic conditions on the high street.
