UK fashion giant plunges into liquidation - 15 stores shut

UK fashion giant plunges into liquidation - 15 stores shutThe UK fashion sector has been hit by rising costs, reduced consumer spending and weaker footfall in recent months. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Eleanor Burleigh 11:04, Wed, Jun 3, 2026 Updated: 11:07, Wed, Jun 3, 2026 The clothing retailer appointed liquidators last month (Image: Getty)A popular UK fashion retailer has collapsed into liquidation after more than 30 years in business. Leading Labels, a Yorkshire-based firm that offers shoppers major brands at discount prices, confirmed the upcoming closure of its 15-store portfolio this week. The retailer, which was launched in 1993, appointed Jeremy Bleazard of XL Business Solutions as liquidator on May 26, as per The Gazette. According to Companies House, it has overdue accounts dating back to 2024. window.scriptsToLoad.push({url:'https://live.primis.tech/live/liveView.php?s=118222&vp_content=plembed3a6btjknzwqh&cbuster=%%CACHEBUSTER%%&playerApiId=v118222',triggeredBy:'tcfLoaded',delay:1500,containerId:'ovp-primis',title:"Primis player",beforeLoad:()=>{window.top.addEventListener('primisPlayerInit',e=>{try{if(e.detail&&e.detail.playerApiId==="v118222"){if(window.document.getElementsByClassName('jwplayer')[0]){e.detail.float('disable')}}}catch(e){}})},}) It comes after Leading Labels received a Gazette notice in March warning that it risked being struck off the register and dissolved unless cause was shown to the contrary within two months. While the company has yet to issue a formal statement, clearance sales have been launched across its UK sites as operations wind down. Article continues below ADVERTISEMENT Get the day's biggest headlines in UK and World news and more Subscribe Invalid emailWe use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd partie...