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UK fashion retailer closing all stores as it falls into liquidation

Published 14:15 1 Jun 2026 BST

Updated 14:15 1 Jun 2026 BST

Lum Haliti
UK fashion retailer closing all stores as it falls into liquidation

Homenews

There goes another one

A British fashion retailer is preparing to shut 15 branches across the country as it faces liquidation.

After liquidators were brought in on May 26, “Everything Must Go” sales are now taking place at multiple locations.

The clothing chain, which operates 15 outlets across the country, stocks men's and women's fashion.

It is just the latest of a number of retailers and chains encountering financial difficulties, scaling back or shutting for good.

Leading Labels manages large outlet-style premises, offering reduced-price goods from a range of labels.

Its brands include Calvin Klein, Wrangler, Elle and Joules.

“The Registrar of Companies gives notice that, unless cause is shown to the contrary, the Company will be struck off the register and dissolved not less than 2 months from the date shown above”, it stated on the firm’s initial Gazette notice, which it received on March 10.

The director's information was amended multiple times, so this wasn't the first occasion the business had been issued this warning.

The retailer has outstanding accounts that were due by November 30, 2025., as per Companies House.

Article imageLogo Camera in article

One of the stores in Cleethorpes. Image: Google Maps.

One branch of Leading Labels, which is situated in Ipswich, has sale notices displayed across its entrance.

Speaking to the East Anglian Daily Times, a spokeswoman said that while it is shutting down, employees were unaware of the reasons which lead to its closure or when the shop will cease trading for good.

When it launched in 2022, the Ipswich outlet was described as a move “in the right direction” for the shopping centre.

Jeremy Bleazard of XL Business Solutions Limited, Premier House, Bradford Road was appointed liquidator on May 26.

Amid mounting financial difficulties, the announcement follows a wave of fashion retailers shutting down.

Quiz, a popular British fashion chain, is amongst a number of brands that have collapsed into administration, as its final 37 stores are due to shut their doors this month.

In just over a year, this marked the second occasion Quiz has gone into administration, having previously gone under in February 2025 before being quickly bought out.

Full list of locations closing

  • Basildon
  • Bolton
  • Boston
  • Carlisle
  • Chesterfield (Barlborough)
  • Cleethorpes
  • Cumbernauld
  • Evesham
  • Ipswich
  • Kidderminster
  • Lincoln
  • Loch Lomond Shores (Balloch)
  • Norwich
  • Stevenage
  • Hornsea
UK fashion retailer closing all stores as it falls into liquidation