- Huw Hughes
-
|
British fashion and lifestyle brand Animal is to permanently cease
trading, putting up to 500 jobs at risk.
The Poole-based brand, which has 21 stores across the UK, will close by
January, owner H Young Holdings told the BBC.
H Young had reportedly attempted to save or sell the brand, without
success.
It told the BBC the decision to cease trading was due to an “extremely
challenging” retail market “further worsened” by the Covid-19 crisis.
“As a result of the extremely challenging retail market which has now
further worsened due to Covid-19, H Young announces it will be closing its
Animal business by the end of January 2021,” the company said. “This will
obviously be a very sad announcement for all Animal’s hardworking employees
and its loyal customers.”
Photo credit: Animal, Facebook