After 26 years, legendary gay retailer Clone Zone goes into administration.
Publish Date: 16/01/2009
After a quarter of a century in business, the legendary gay retailer Clone Zone, is reportedly the latest retailer to be hit by the current economic slump.
Clone Zone founder and director David Edwards today confirmed that Clone Zone had gone into administration.
He said that over the last six months the businesses situation had deteriorated, as a result of the value of the pound and the general depressed state of the world market.
Edwards also confirmed that Clone Zone are to be bought out by a substantial company who want to invest in and build up the company.
As part of the deal the Clone Zone stores in Manchester and Birmingham will remain open, as will the London stores in Earl's Court and Old Compton street. Clone Zone's online shop and wholesalers, remain open business as usual. It is reported that jobs at these stores are safe, and they will continue to trade under the Clone Zone name.
However, the shops in Leeds, Brighton and Bristol have closed, but Edwards is hopeful that they will reopen soon as part of a franchise deal. The Bournemouth shop has already been sold, and it is hoped that the Glasgow store will reopen soon.
Edwards commented: "Our priority was to save the company and the jobs, but this restructure became unavoidable. We would like to thank our customers for all their support and we hope that everything gets back to normal as soon as possible."
Clone Zone opened in Manchester in 1984, and has become a cornerstone of the city's gay community.
To visit Clone Zone's online shop, click here.