Band of Outsiders will close its New York store “effectively at the end of June,” according to a sales associate.
The brand, which is reportedly in the process of shuttering its operations, will keep its SoHo boutique open for one more month to sell the remainder of its merchandise at reduced prices. The sales associate confirmed WWD’s Tuesday report that the label will not produce its fall collection.
Band of Outsiders revealed the news of its store sale on Instagram Thursday afternoon with a photo of a sign that read “Band Of Outsiders. Yes, we’re still open and we’re on sale!” The post’s caption read, “So, like, come and buy something. #70Wooster, #sale, #nocomment.” The latter hashtag was likely made in reference to Band of Outsiders founder Scott Sternberg’s silence amid an onset of reports that his label is ceasing operations. On Tuesday he told WWD, “Nobody knows anything at this point but me, and I’ve been advised not to comment at this time.”
But his staff is less careful. The Band of Outsiders sales associate said currently, “pretty much everything” at the label’s 70 Wooster Street boutique is on sale at up to 40 percent off — including the brand’s resort and spring collections. This sale, they said, was planned before reports of suspended operations broke on Tuesday. It is expected, they said, that merchandise will become further reduced as the store approaches its closing date.
Band of Outsiders opened its SoHo store in September 2014 with a star-studded event.
A timeline for the label’s Tokyo store, which opened in the city’s Sendagaya neighborhood in October 2013, is unclear. According to the associate, it’s unknown if the Tokyo store will hold a similar sale because the two stores operate as “completely different entities.” When asked if the Tokyo store’s closure is also imminent the associate said, “No, not that I know of.”