Gap announces the closure of ALL of its stores in Britain and Ireland
Gap announces the closure of ALL of its stores in Britain and Ireland as fashion retailer moves its business online-only
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Gap has announced the closure of all of 81 of its stores in Britain and Ireland as the fashion retailer moves its business online-only.
Phased closures will start in August and continue through to September, the US chain revealed.
It comes after a year of coronavirus lockdowns battering the UK high street, with other popular chains including TopShop going under.
In a statement, Gap blamed ‘market dynamics’ for the closures, and vowed to offer ‘support and transition assistance’ for staff members.
It is not clear how many employees will be affected.
A statement read: ‘In the United Kingdom and Europe, we are going to maintain our Gap online business.
‘The e-commerce business continues to grow and we want to meet our customers where they are shopping. We’re becoming a digital first business and we’re looking for a partner to help drive our online business.
‘However, due to market dynamics in the United Kingdom and the Republic of Ireland, we shared with our team today that we are proposing to close all company-operated Gap Specialty and Gap Outlet stores in the United Kingdom and Republic of Ireland in a phased manner from the end of August through the end of September 2021.
‘We are thoughtfully moving through the consultation process with our European team, and we will provide support and transition assistance for our colleagues as we look to wind down stores.’
More to follow on this breaking story…
Gap has announced the closure of all of its stores in Britain and Ireland as the fashion retailer moves its business online-only
