Did Hollister Go Out Of Business – Why did they close in 2023?

Did Hollister go out of business? Let’s talk about one of the trendiest brands that’s been making waves in the world of style – Hollister! Now, we know there’s been a bit of a rollercoaster ride when it comes to the status of this beloved brand. Some sources say they’re still strutting, while others claim they’ve faced some tough times. It’s like trying to navigate a fashionable maze!

According to the grapevine, Abercrombie & Fitch, Hollister’s parent company, dropped a bombshell in December 2022, announcing the permanent closure of all Hollister stores in US malls. Ouch, that hit us like a fashion faux pas!

But hold on to your hats, folks! There’s more to the story. In August 2022, Abercrombie & Fitch admitted they had some bumps on the runway. They decided to revamp their inventory by waving goodbye to casual and athleisure wear that seemed to have lost sparkle. They were determined to bring in new goodies to set the trends ablaze again!

It gets even more interesting! In January 2022, insiders whispered that Hollister was still going strong, with its sales soaring high. The CEO, Fran Horowitz, even spilled the beans in a May 2021 call, boasting about Hollister’s best Q1 gross margin in over a decade. Now, that’s the kind of confidence that makes a statement!

Oh, and do you remember that bump in the road called the coronavirus pandemic? Well, in March 2020, it caused Abercrombie & Fitch to shutter all their stores, including the Hollister ones, in North America and Europe. Talk about a style shocker!

But here’s the kicker: a Refinery29 article from May 2022 mentioned that Hollister’s parent company faced some tough times and even went into administration in 2019. However, there was no fashion-forward intel on Hollister’s current whereabouts.

So, fashionistas, it’s a bit of a sartorial mystery, right? Hollister’s journey has had its share of ups and downs, and we’re not entirely sure where they stand. But hey, where there’s style, there’s hope, right?

Fingers crossed that Hollister’s iconic beachy vibes and casual chic will make a comeback stronger than ever. Until we find out more, let’s keep those boho-inspired looks and laid-back attitudes alive, just like Hollister would want us to do!

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Is Hollister closing

Hold on to your hats and buckle up those fashion belts because we’ve got news sending waves through the fashion world! According to the grapevine, Hollister is gearing up for a grand finale – they’re closing all of their stores in the US and Europe on March 15 and 16, 2023. Oh, my chicness!

Picture this: it’s like the final curtain call at a runway show, where Hollister is saying its goodbyes in style! Can you believe it? It’s like we’re witnessing the end of a fashion era.

As much as we’d love to keep strolling through those laid-back beach-inspired vibes, it seems like Hollister has decided to close this fabulous chapter. In the world of fashion, change is the name of the game, right?

So, if you’ve been eyeing that perfect pair of denim or those boho-chic tops, you might want to grab them before they sashay out the door forever!

While we’re sad to bid farewell to this iconic brand’s physical presence, we know that the spirit of Hollister will live on in our hearts and closets. After all, the memories of those breezy beach days and trendy teen spirit will forever be etched in our style history.

So, let’s raise our imaginary fashion glasses and toast to the fabulous journey of Hollister. It’s been a ride filled with sun-kissed moments and laid-back vibes that will forever have a special place in the Fashion Hall of Fame.

Remember, fashion is ever-evolving, and with every farewell comes an opportunity for something new and exciting to strut its stuff. Until then, let’s cherish the memories, rock those Hollister pieces like the fashionistas we are, and stay open to the next stylish adventure on the horizon!

Why did Hollister close

Get ready to dive into the world of retail twists and turns as we unravel the story behind Hollister’s store closures. It’s like a fashion mystery waiting to be solved! 

So, here’s the scoop: Hollister, under the wing of Abercrombie & Fitch, found itself navigating some challenging waters, leading to the decision to close some of its stores. Picture this: It’s like a puzzle with multiple pieces fitting together to create the big picture!

First, in March 2019, Abercrombie & Fitch unveiled their grand plan to close down around 40 stores, including iconic flagships in New York, Milan, and Fukuoka, Japan. Why? They were all aboard the “small is mighty” train, focusing on smaller stores with a cozier vibe. Sometimes, less truly is more!

Then came the retail revolution! With online shopping skyrocketing, Abercrombie & Fitch, including Hollister, had to shake things up to adapt. They decided to trim their mall-based store fleet and give online sales the spotlight. It’s like navigating a fashion storm, but they were determined to ride the waves!

Oh, but the pandemic plot twist! When COVID-19 came knocking, the company made a tough but temporary call to close all their North American and European stores, Hollister included. Safety first, right?

Now, here’s where the lease renewal saga enters the scene! Abercrombie & Fitch found themselves with lease renewals up for grabs, allowing them to move on without any landlord showdowns. It’s like having an escape route on the fashion highway!

Remember, my fashion-forward friends, the decision to close stores is never a one-size-fits-all affair. A mix of finances, market trends, and strategic wizardry shapes the final outcome.

So, as we bid farewell to some Hollister stores, let’s cherish the memories and look forward to the next fashion adventure. Who knows what stylish surprises are waiting around the corner?

What is the reason for Hollister’s closure?

Let’s get the fashion tea brewing as we uncover the reasons behind Hollister’s store closures. It’s like a style puzzle with multiple chic pieces coming together to form the bigger picture!

First up, in March 2019, Abercrombie & Fitch spilled the beans on their store closures strategy. They planned to bid farewell to around 40 stores, including iconic flagships in the fashion capitals of New York, Milan, and Fukuoka, Japan. Their mantra? Smaller is better! They were all about embracing cozier spaces with a trendy twist.

Now, picture this: the retail landscape was shifting! With online shopping soaring to new heights, Abercrombie & Fitch and Hollister had to think on their stylish feet. They decided to trim their mall-based store fleet and put their fashion prowess into online sales. It’s like navigating through a chic jungle, but they were determined to find their way!

Oh, but then came the pandemic plot twist! When COVID-19 hit the runway, it threw everyone off balance. Abercrombie & Fitch and Hollister had to make the tough call to close all their North American and European stores temporarily. Safety and style had to go hand in hand!

Lease renewals and flexibility played a role, too! Abercrombie & Fitch’s leases were up for grabs, allowing them to move without any landlord showdowns. It’s like having a stylish escape hatch!

But wait, there’s more! In August 2018, the fashion grapevine revealed that Abercrombie & Fitch was closing down 60 more stores, including some Hollister locations, due to poor performance. It’s like a fashion reality check – sometimes, the trends don’t align.

Remember, my fashion-forward friends, the decision to close stores is a mix of fashion math, market trends, and strategic magic. Every stylish journey has its ups and downs.

How many Hollister stores are there worldwide?

According to the fashion authorities, Statista reports that in 2022, 529 Hollister retail stores were scattered worldwide. Now, that’s a lot of trendy goodness in different corners of the globe!

But wait, the fashion trail doesn’t end there! The Where Retail Goes to Live Wiki spills the beans that there are over 500 Hollister locations in the United States, 30 in the UK, and 11 in Canada. Across the channel are 13 in France, 18 in Germany, and 3 in Spain. It’s like a fashion map leading us to the hottest spots!

Hold on, we’ve got another fashionable nugget! ScrapeHero’s intel reveals that as of May 24, 2023, there were 429 Hollister stores tucked away in the United States. That’s a whole lot of trendy nooks and crannies!

Oh, let’s not forget our blast from the past – back in May 2008, Wikipedia revealed that Hollister had a total of 578 locations worldwide. Fashion history in the making!

So, as we put all the stylish clues together, it’s clear that hundreds of Hollister stores are scattered across the globe. They’ve sprinkled their fashion magic in various countries, making a bold statement in the world of style.

While we might not have an exact number, one thing’s certain – Hollister’s trendy vibes are spreading far and wide, one chic store at a time!

What is the current status of Hollister stores?

We’ve gathered the latest intel about Hollister’s store status, and it’s a mix of twists and turns. So, fasten your fashion seatbelts, and let’s dive in!

First things first – the number game! According to the fashion experts at Statista, in 2022, 529 Hollister retail stores were sprinkled worldwide. Now, that’s a global fashion presence to reckon with!

But here’s the plot twist – in a bold move, Hollister is saying farewell to all its stores in malls across the US. It’s like a fashion farewell to the mall scene! So, if you’ve got a favorite Hollister spot in the mall, cherish those memories because change is afoot.

However, the fashion story doesn’t end there! Hollister is still shining bright in various other locations. With over 500 stores in the United States, they’re keeping the fashion game strong. And internationally, they’ve got their style footprint in the UK with 30 stores, Canada with 11 stores, France with 13 stores, Germany with 18 stores, and Spain with three stores. Talk about spreading fashion love across the globe!

Amidst all this, Insider reported in January 2022 that Hollister was still rocking the fashion world with strong sales. Now, that’s what we call stylish staying power!

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