Seleven is Shuttering Its Shop at 145 Orchard
Trade publication Crain’s ran a polarizing article a couple weeks ago about the dying breed of boutiques on the Lower East Side. Much of the finger-pointing was leveled at the ever-expanding nightlife scene in the neighborhood, and how it doesn’t leave room for daytime business to thrive. Quite frankly, regardless of where opinions fall on this so-called “Fashion Flight,” the fact is boutiques are closing left and right. Here’s another casualty – S11 (or Seleven) at 145 Orchard Street.
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While the store is not yet closed, there are already advertisements for inventory sales. Plus, the obligatory leasing sign is already in place, beckoning fresh business to take over the lease.
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Add this to the surprisingly robust “quickie closures” list. Indeed, this location was the stateside HQ for the Hong Kong-based label, having opened in October 2010. Its stay would be short, barely lasting a year. Even more alarming is the rate of turnover here – two boutiques in a twelve-month period.