Opening Ceremony, the high-end retailer beloved by millennials, is shuttering all its stores in 2020 — and it’s just the latest victim of the retail apocalypse
|01/15/2020||Posted by BusinessMediaguide.Com under General World News||
- After 18 years, high-end retailer Opening Ceremony has announced it will be closing all its stores around the world.
- Cofounders Carol Lim and Humberto Leon announced the closing in a series of Instagram posts in which they said this time of “immense change in the way people shop” was a factor in their decision to shutter their retail locations.
- Opening Ceremony now joins Henri Bendel and Barneys New York among the ever-growing list of once-popular stores closing up shop, as retailers seek new ways to exist despite the rise of direct-to-consumer brands and changing read more >>>