Radley closes website and winds down stores

Radley‘s website today (21 August) states that its online channel is “now closed”, following closing down discounts of up to 70% across its offering. Radley’s two stores, in London’s Covent Garden and Glasgow, alongside its 19 concessions, are also close to shuttering. Radley’s concession locations include: Ashford, Banbridge, Braintree, Bridgend, Cannock, Castleford, Cheshire Oaks, Cotswolds, Dalton Park, Doncaster, Gretna, Gunwharf Quays, Livingston, Mansfield, London’s O2, Springfield, Somerset, Swindon and York. “Hurry to your nearest store,” a statement on the homepage of Radley’s UK website reads. “Find your nearest store here, stores close soon.” Drapers has contacted joint administrators at FTI Consulting to confirm the dates of Radley’s store closures. Advertisement This comes after Radley collapsed into administration and was subsequently snapped up by LK Bennett owner Gordon Brothers on 26 May. The acquisition resulted in 42 immediate redundancies and did not include its two stores and 19 concessions. FTI said at the time that Radley’s collapsed followed a “sustained period of challenging economic conditions”. Drapers revealed in June that a number of suppliers to the embattled brand are owed “millions of pounds” combined in repayments for stock following its collapse. Have your say or a new account to join the discussion.