With the holidays behind us, it's the time of year when stores that didn't hit their year-end goals start to close their doors.
First it was Tory Burch knock-off C.Wonder, which declared bankruptcy last week amid reports that founder Christopher Burch (that's Tory's ex-husband) lost $70 million in two years on the failed brand, dubbed "revenge retail." C.Wonder had plans to open a store in Dallas but without any Texas footprint, local fashionistas—those who aren't in the market for adorable smoking slippers, at least—probably won't even notice.
Much harder for Houston preps is the announcement that Kate Spade will shutter all its Saturday stores nationwide in the next six months and fold the colorful, lower-cost line into the main Kate Spade New York brand. Employees at Saturday in Rice Village say their location will stay open for at least 30 days and possibly as long as three months. While no clearance sales have been announced just yet, we'd watch the store closely for deals on cute cropped hoodies and colorful crossbody bags.
As Houston's other new Kate Spade store in Highland Village is also currently closed after catching on fire two weeks ago, this has been a tough month for local fans of the brand. You should probably take your favorite Kate Spade fan for an ice cream cone, they probably need it. Maybe cheer them up by talking about the upcoming Lilly Pulitzer for Target collaboration? Or maybe not.
As of last week Austin-based Blue Elephant boutique has also quietly closed its doors after 18 months in Houston. An employee in Austin confirms the Rice Village closure is permanent, so you'll have to look elsewhere for their cute Houston-themed coasters and pillows, among other goods, or just stop in the original location the next time you're in Austin.