Bristol's Cabot Circus loses another store
Another designer clothing store in Bristol's Cabot Circus has fallen victim to the recession.
The Quakers Friars branch of Cruise, which sits one along from Harvey Nichols, is due to close at the end of the month after "disappointing" sales.
The company went through a pre-pack administration in May and as a result a number of stores, including the one in Bristol, were earmarked for closure.
Cruise, which was established in Edinburgh in 1981, was then refinanced with the support of the Royal Bank of Scotland and final negotiations meant the end of the Cabot Circus branch.
John Heath, chief executive of Cruise, said: "I love the store and I love the scheme and we had to make some tough decisions but in the end the Bristol store just didn't work for us.
"Trade in the shop has been particularly disappointing and I don't think the centre has taken off in the way we thought it would. It was a difficult decision with it being such a new store but it will be closing at the end of the month."
The store brands itself as an independent luxury retailer with a fantastic reputation for iconic international designer collections. It sells items from designers such as Alexander McQueen and Chloe handbags fetching up to over £1,000.
It is the fourth shop to shut at Quakers Friars since the September launch. The first was tailors Hardy Amies, which went into administration just a month after the Bristol branch opened. Clothing retailer Ghost soon followed and just last week luxury furniture store Lombok closed its doors.
Closures in Cabot Circus itself included music and DVD shop Zavvi.







6 Comments
by Meat Head, Henbury
Sunday, August 16 2009, 8:08AM
“Cabot Mead is rubbish”
by George, Bristol
Friday, August 07 2009, 4:32PM
“This greed-driven consumerist project is ALREADY crumbling! Is that the 4th or 5th shop that's closing?
Serves them right!”
by Graham, Sea Mills
Friday, August 07 2009, 2:56PM
“What a surprise !!
Well, not to those of us who saw this coming. The minute it was announced Cabot Circus was to be an exclusive shopping experience with designer boutiques and coffee shops I wondered why the hell Bristol would want or need more of this kind of rich mans tat. There was nothing wrong with Broadmead that a few improvements couldn't have seen to, and probably at a fraction of the cost of the Cabot Circus development. What a shame that this city has once again been failed by people with stars & personal glory in their eyes rather than the real needs of its citizens.”
by Butch Hazelwood, Bristol
Friday, August 07 2009, 11:06AM
“Shame, I really liked Cruise. How long before Cabot's is wall to wall Matalans, Aldis, Wilkinsons, Peacocks, charity shops and, God forbid, Primarks :-(”
by Andy, BS1
Friday, August 07 2009, 10:59AM
“Welcome to Boomtown....”
by Paul, Kingsway
Friday, August 07 2009, 7:28AM
“A lot of stores that were riding on the wave of easy credit are suffering now.
You can dress well without needing expensive designer clothes”