Glue Store Announces Permanent Closure
En resumen
- Australian fashion retailer Glue Store has announced its permanent closure, citing an $8.4 million loss earlier this year.
- The company stated it will cease operations both in-store and online, but assured customers that its family of brands remains available.
Resumen generado por IA
Por qué importa
Glue Store, an Australian fashion retailer, has announced its permanent closure after posting an $8.4 million loss earlier this year. This follows similar announcements from other retailers like Barbeques Galore and Lincraft.
Australian fashion retailer Glue Store has announced its permanent closure.
After many years of bringing you the styles you love, Glue Store has permanently closed — both in store and online. We are so grateful for your loyalty and support over the years.
The good news? Our family of brands is still here for you, with the same great range and the style you expect.
Earlier this year the company posted an $8.4 million loss.
Glue's closure follows Barbeques Galore's announcement that it will shut down, and Lincraft's move to shut all its physical stores.
Preguntas abiertas
- What led to the $8.4 million loss?
- Will employees be affected by the closure?
