A BIG fashion retailer has shut one of its city centre stores for good after holding a closing down sale.
Fashion chain Tessuti, which is owned by , has closed its branch at the Meadowhall Shopping Centre in .
The retailer held a huge 70% off sale before it shut.
It's not clear exactly when it shut but the store is now listed as “permanently closed” on .
Flying Eze has approached Frasers Group for comment.
Tessuti had stocked womenswear and menswear from high-end brands including Moschino and Versace Jeans Couture.
It also provided streetwear brands including Billionaire Boy's Club, Represent and Maharishi.
The retailer had originally been owned by but it was snapped up by Frasers Group in 2022 as part of a deal involving 15 brands.
Other retailers in the £47.5million deal included Watch Shop and singer ‘s Pretty Green.
After Frasers Group acquired Tessuti, it closed around a third of stores.
Some of the closures included its locations in Stockport, Bolton, Bury, Warrington and .
Tessuti also last year.
Frasers Group also owns the likes of , and Jack Wills.
Other retailers which are part of Frasers Group have also shut stores in recent years.
Sports Direct has axed several branches, including its on Friday.
Last year it also closed its stores in Central Six Retail Park, Coventry, and Stroud, Gloucestershire.
Another store in High Wycombe, Buckinghamshire, also closed last year.
Flannels said earlier this year it would be getting rid of three locations.
It will be shutting its Flannels Junior stores across Bluewater, Westfield Stratford and Westfield White City.
High street struggles
The news comes as more and more high street chains struggle to keep afloat.
They have been dealing with a perfect storm of difficulties including a move towards online shopping, increasing costs and lower footfall.
The Centre forResearch's latest analysis suggests 13,479 stores, the equivalent of 37 each day, shut for good in 2024.
Of those, 11,341 were independent shops while 2,138 were shut by larger retailers.
More than half of the shops closed because the owner was going through insolvency proceedings.
This is when formal measures are taken to deal with tackling a‘s debt.
