
UK lifestyle store Clone Zone confirmed today that it has gone into administration, the Pink Paper can report.
Four of their stores have closed in Leeds, Newcastle, Bristol and Brighton, as the credit crunch continues to bite. This is the latest in a series of closures to hit the high street in recent weeks.
A spokesperson for the retailer said that remaining branches in London’s Soho, Bournemouth, Glasgow, Birmingham and Manchester will trade as usual for the foreseable future, as will their online store.
As their future hangs in the balance, the company – who had no official comment on the matter – also confirmed that a number of staff have been made redundant and, as a result, are operating at a skeletal structure.
Currently, Clone Zone have no plans to re-open the closed branches at a later date.