Paul Hull

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Bristol's Cabot Circus loses another store

Friday, August 07, 2009, 07:00

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.




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