29 Jun '16, 7am

77th Street closing down last shop at Ang Mo Kio Hub by end-July

77th Street closing down last shop at Ang Mo Kio Hub by end-July

Another Singapore brand is going to pass away soon as 77th Street’s founder said it will soon be no more. In an exclusive interview published on Channel News Asia , the tweenager fashion shop’s founder Elim Chew said her decision to close down the last outlet at Ang Mo Kio Hub was mainly due to high rentals. Not that this is particularly shocking as the signs that times are hard for brick-and-mortar retailers have been on the horizon for the longest time. In an interview with The Straits Times on April 7, 2016, it was revealed that Chew had already moved on from the 77th Street business to another logistics venture. Just two months ago, there were still two 77th Street shops left: One at Bugis Junction and the other at Ang Mo Kio Hub. The 800 sq ft Bugis Junction outlet then closed down in late May this year. Rentals are too high In the ST interview, Chew said: “We shut th...

Full article: http://mothership.sg/2016/06/77th-street-closing-down-las...

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