Banana Republic plan a healthy exit

Banana Republic will soon cease to exist in the UK, after a decision by the brand to close down their 8 UK stores. France and Italy will still have one store each and UK customers can still purchase from the brand through their e-commerce website.

This tough business decision has come as a result of the brand reworking their overseas presence and making decisions on what will keep their sales up and what’s financially viable for the business.

The New York stores will also have a revamp as they are turned into outlets with the UK stores closing by the end of March next year. We will certainly be sad to see their beloved stores disappear from our high streets.