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Edinburgh Live
Edinburgh Live
World
Sian Traynor

Edinburgh Cath Kidston shop affected as high street chain closes all UK stores

Cath Kidston has announced today that all of its 60 UK stores will close permanently.

The vintage-inspired retailer had called in administrators on Friday 3rd April.

An estimated 900 jobs will now be lost, including staff in the Edinburgh branch on Princes Street.

The quirky retailer offered a wide selection of bright, vintage-style homewares, bags, clothing and other trinkets.

The brand has made the closures as part of a rescue deal with its parent company, Baring Private Equity Asia, who will buy Cath Kidston from administrators.

Although stores will now permanently shut their doors, the brand will continue to trade online for the foreseeable future.

The brand's CEO, Melinda Paraie, said: "While we are pleased that the future of Cath Kidston has been secured, this is obviously an extremely difficult day as we say goodbye to many colleagues.

"Despite our very best efforts, against the backdrop of COVID-19, we were unable to secure a solvent sale of the business which would have allowed us to avoid administration and carry on trading in our current form."

A spokesperson for Baring Private Equity Asia added: "While we are disappointed that the COVID-19 crisis has resulted in the cessation of the retail store network and impacted many employees, we are pleased to have secured a future for a number of Cath Kidston staff and the Cath Kidston brand in the form of a viable digital business."

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