Lots of of shops are set to shut in 2026, together with fashionable trend retailers and excessive avenue jewelry outlets.
British trend icon closes 32 shops in 2026 as UK jeweller goes into administration (Picture: Getty)
UK trend model River Island has closed a complete of 32 shops this yr as a part of a restructuring plan following a £32.3million pre-tax loss. River Island’s CEO, Ben Lewis, defined that the corporate has “a big portfolio of shops not aligned to our clients’ wants”.
The retailer cited the rise of on-line buying and better working prices as the principle challenges. River Island has 200 outlets throughout the nation and employs over 5,000 individuals. After closing 32 websites, the model continues to function within the different UK and Eire branches, with no additional closures confirmed at this stage.
River Island shops closing in 2026
Aylesbury, Buckinghamshire
Bangor Bloomfield, Northern Eire
Barnstaple, Devon
Beckton, Higher London
Brighton, East Sussex
Burton-Upon-Trent, Derbyshire
Cumbernauld, Scotland
Didcot, Oxfordshire
Edinburgh Princes Road, Scotland
Falkirk, Scotland
Gloucester, Gloucestershire
Nice Yarmouth
Grimsby, Lincolnshire
Hanley, Staffordshire
Hartlepool, County Durham
Hereford, Herefordshire
Kilmarnock, Scotland
Kirkcaldy, Scotland
Leeds Birstall Park, West Yorkshire
Lisburn, Northern Eire
Northwich, Cheshire
Norwich, Norfolk
Oxford, Oxfordshire
Perth, Scotland
Poole, Dorset
Rochdale, Higher Manchester
St Helens, Merseyside
Surrey Quays, Higher London
Sutton Coldfield, Warwickshire
Taunton, Somerset
Workington, Cumbria
Wrexham, Wales
Household-run jewelry chain C W Sellors not too long ago collapsed into administration. (Picture: Getty)
British jeweller Krafft Jewellers introduced it’s closing its Chelmsford retailer, in Essex, after 50 years of buying and selling. The Chelmsford retailer was the one bodily store the jewellers had.
In an announcement, the corporate stated: “To all of our loyal and valued clients, I remorse to tell you that after over 50 years of buying and selling, Krafft Jewellers can be closing on March 31, 2026. This resolution has not been simple, however the buying and selling local weather has develop into a lot tougher over the previous few years. Sadly, the advance in on-line buying and rising prices has impacted so many excessive avenue companies, ours included.”
One other family-run jewelry chain, C W Sellors, has been bought after collapsing into administration at first of the yr, saving 46 jobs. The excessive avenue jeweller has not too long ago been acquired by a brand new group of householders, together with members of the corporate’s management group and outdoors traders.
C W Sellors has been buying and selling since 1979 and has 10 outlets throughout the UK, together with Whitby, York, Ashbourne, Bakewell, Matlock and Shrewsbury. Lee Causer, from enterprise advisory agency BDO, stated earlier this yr: “The enterprise has been experiencing difficult buying and selling circumstances, with rising overheads and decrease demand for its high-end merchandise.”
Your every day horoscope with Russell Grant plus chosen presents and competitions Subscribe Invalid e mail
We use your sign-up to supply content material in methods you’ve got consented to and to enhance our understanding of you. This will embrace adverts from us and third events primarily based on our understanding. You’ll be able to unsubscribe at any time. Learn our Privateness Coverage
Chief govt Antony Lindsay stated: “CW Sellors is a well-established British jewelry and watch enterprise with sturdy foundations and a loyal buyer base. Our focus now’s on creating the enterprise additional whereas preserving the craftsmanship, experience and clients relationships which have outlined the model for nearly half a century.”
Categorical.co.uk has contacted River Island for remark
Leave a Reply