Miss Sixty to close US stores
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Young fashion label Miss Sixty Miss Sixty is to close 10 of its 20 U.S. stores, including two in NYC, after its sales plummeted in the recession.
Miss Sixty has entered administration, the U.K. equivalent of filing for bankruptcy, after losses of nearly $30 million in 2008. Last week, the brand closed its store in the Flatiron building and on Sunday, will follow suit with its location on West Broadway in Soho, in addition to nationwide closures from Dallas to Honolulu to several spots in California.
Miss Sixty will keep it outlet store at the Woodbury Commons outlet mall open, along with a few other regular stores in Florida and Houston, TX. According to employees, the defunct locations are expected to be relocated in due time.
In October 2008 Miss Sixty's UK subsidiary also went into administration, the only subsidiary to do so. At the time the company operated 12 UK stores and department stores concessions.