British handbag brand established in 1998 to close all 21 stores - full list

British handbag brand established in 1998 to close all 21 stores - full list The label, which was founded in 1998 in London, is known for its signature Scottie dog logo and handbags but also sells travel accessories and footwear A British brand known for its handbags will close down all 21 of its shops amid claims it 'owes millions' to suppliers. The fashion label, which was founded in 1998 in London, has already reportedly cut 42 jobs, with the future of 300 more in limbo. Radley collapsed in May and was subsequently acquired out of administration by Gordon Brothers, the firm that also owns Poundland. A closing down sale is know available on the brand's website, offering shoppers up to 50 per cent off on more than 600 items. All 21 branches will soon close down, largely due to financial strain. It has now been claimed that Radley, known for its Scottie dog logo, owns millions to its former suppliers, reports the Express. It is understood one of the suppliers is owed a six-figure sum for stock and materials such as leather, zips and buckles. London’s Covent Garden and Glasgow are home to Radley's main stores and are expected to be open until the end of the summer to sell remaining stock. Radley's turnover dropped £6.2million in the previous financial year, from £72million to £65.8million. After the deal with Gordon Brothers, the retail giant took on the Radley brand name and intellectual property assets. Radley’s losses come after a “sustained period of challenging economic conditions for the retail environment," FTI Consulting, the administrators in charge of the deal, said. The Mirror has approached Radley for comment. Full list of Radley shops due to close down - Covent Garden - Glasgow - Ashford - Banbridge - Braintree - Bridgend - Cannock - Castleford - Cheshire Oaks - Cotswolds - Dalton Park - Doncaster - Gretna - Gunwharf Quays - Livingston - Mansfield - O2 London - Springfield - Somerset - Swindon - York