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Karen Millen shuts shop in Australia after Boohoo takeover

British-based ladies apparel retailer Karen Millen is winding down its Australian operations.

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The retailer last week announced it was closing its Australian stores just weeks after its UK arm was acquired by online retailer Boohoo.

The chain has become the latest victim of Australia’s struggling retail market after the closure of Napoleon Perdis, Toys R Us and Big W stores earlier this year.

Administrators last Thursday announced they would close all Karen Millen stores in the coming weeks, a move set to see 80 job losses.

Deloitte Australia announced on Thursday it would wind-down operations at seven Australian stores and the holdings in Myer and David Jones in coming weeks.

“With the UK business now sold and the label withdrawing from Australia, we expect to wind down the business here and progressively close all stores in the coming weeks,” administrator Tim Norman said in a statement.

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The retailers has stores across Australia in Sydney, Victoria and South Australia as well as a presence at department stores in other states.

Shoppers who get in quick will have access to heavily discounted stock.

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