A MAJOR fashion retailer will close its biggest store in the UK today after launching a 70 per cent off closing down sale.
The 17,000 sq ft store, which sells a range of women’s, men’s and kid’s clothes, opened just eight years ago.
United Colors Of Benetton will close its flagship store on Oxford Street in London today.
The Italian fashion brand, which has around 12 other locations including concessions across the UK, opened the store back in 2018.
At the time, the chain described it as the “largest Benetton store in the world” and would stock the most “comprehensive range from the United Colors of Benetton and Sisley collections”.
It is situated in a grade II listed building which was designed by British architect Sir Henry Tanner in 1912 and completed in 1925 as part of the rebuilding of Regent Street.
Images shared online show a major 70 per cent closing down sale is currently being held at the store to help shift stock before it closes for good.
But the news will come as a blow to fans of the store who will miss its “great customer service” and “good quality clothes”.
It comes just days after HMV also said it would leave its flagship site on the London shopping street after it blamed a doubling in rent demands.
At the time, it said it was on the hunt for a new store in London’s west-end and vowed to keep a “significant presence” in the capital.
Elsewhere, Matalan Clearance in Newport is set to close on October 24.
Typo, a quirky card, stationery and gift chain, is exiting the British market for good come next year, with around ten stores to close.