Wednesday, October 18, 2017

Lavitta shuts down all shops just 2 years after launch

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Womenswear retailer Lavitta has shut down every one of its 10 stores, just two years after the business was launched online.

The fairly young retailer, went on a bricks-and-mortar roll out last year, appointed Lewis Business Recovery & Insolvency as liquidators to its stores this week.

The company‘s liabilities were too large for it to continue trading, co-director and co-founder Anil Chima said in a statement regarding the winding-up order.

The shutdown affects only Lavitta‘s physical stores, as it is understood that its online business operates under a different company name and therefore will continue to trade.

Lavitta‘s shops are mainly located in northern England, in Leeds, Doncaster, Grimsby, St Helens, Southport, Bridlington, Widnes, Hull, Kings Lynn and Bury.

The retailer was established Anil and Anand Chima to offer fashionable wardrobe solutions for women, with each piece designed to fit and flatter ladies in sizes 12-24 and starting from £10 up to £45.

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