Overview
- Kroll, which confirmed Monday’s shutdown, said every standalone store has ceased trading and all store staff were advised of redundancy.
- The closures do not affect 356 shop‑in‑shop concessions in supermarkets and other retailers, which continue to trade along with the head office.
- French executive Julien Jarjoura is in discussions with landlords about taking new leases for roughly 50 sites, though no deal has been announced.
- The UK business entered administration in January after Modella Capital appointed Kroll, following weak pre‑Christmas trading and mounting costs.
- Analysts and owners cite falling high‑street footfall and low‑price online rivals like Temu and TikTok Shop as key forces eroding the case for mall‑based accessory shops.