Orla Kiely, the Irish homeware and fashion brand has shuttered, after parent company Kiely Rowan PLC ceased operations, earlier this week.
The brand’s web site and brick-and-mortar stores — located in Covent Garden and King’s Road in London and Kildare in Ireland — have also stopped trading, with immediate effect.
According to British media reports, company employees were also made redundant without pay and escorted out of the building on Monday.
“We apologize for any inconvenience caused. Orla Kiely’s Home and Design licensing business will not be impacted and its selection of its homeware and accessories will continue to be sold through its distribution partners,” the company said, in a statement published on its web site. “Thank you for embracing our brand and designs throughout the year and for ongoing support.”
According to the latest company filings by Kiely Rowan on Companies House, the official registry for U.K. businesses, profits decreased to 74,000 pounds in 2017 compared with 109,000 pounds in the previous year.
Paul Appleton, managing partner at the consultancy David Rubin & Partners has been appointed to wind down Kiely Rowan and liquidate its assets.
A representative from David Rubin & Partners confirmed the news and said that Orla Kiely will be placed in
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