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
General World News
After 18 years, high-end retailer
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
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
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