Designer fashion brand Tessuti is set to close its store at the Market Place Shopping Centre in Bolton later this year.

The men and women’s outlet is expected to close in August this year.

Signs can be spotted in the windows of the store that say, "store closing, all stock must go", with all stock being reduced to at least 30 per cent.

It comes as the store at The Rock in Bury also put up signs announcing their closure.

It has also been reported that the Stockport branch is also set to close, and that the Birmingham branch has recently closed.

Frasers Group Plc announced in February that they acquired fashion retailers Scotts, Choice, Giulio, and Cricket, including Tessuti, from JD Sports in February.

A staff member at the Bolton branch said that staff have been told that some members of staff may be transferred to other stores under Frasers Group.

The Bolton News:

Some of the brands that Frasers Group also represent include 18Montrose, Evans Cycles, Flannels, Frasers, Game, House of Fraser, Jack Wills, Sports Direct, and USC.

The reason behind the recent closures has not yet been revealed, and Frasers have been approached for comment.

Country Candles in the Market Place also announced their closure recently, following a decline in footfall after the closure of M&S.

The Italian restaurant chain Prezzo, also announced the closure of 46 stores nationwide in April, including Bolton’s branch in the Market Place.

But the Market Place is set to get a new addition in late 2024/early 2025, with the move of Primark from Crompton Place to Market Place.

Warren James also moved from Crompton Place in November last year, as Crompton Place is earmarked for demolition as part of the town centre master plan.

A number of businesses have moved out of Crompton Place into the retail and shopping centre in Bolton, including New Look.

Tessuti was founded in 1985 by David Light, with 40 per cent of the business being bought by JD Sports in May 2012, and fully acquiring it in 2016.

The retailer also has stores at the Trafford Centre and the Lowry Outlet.

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