TRADE NEWS Advertising on social networks will not be invasive Mexx to withdraw from UK retail industry Waterstones aims to improve supply chain Retailers can use domain name to boost online presence Online shoppers unsure of risks Counterfeit goods harming retail industry Majority of internet users shop online Dragon's Den duo see product take off Online sales increase in January Retail sales slow in February Retailers set for Mother's day windfall Mamas & Papas begin retail expansion Independent retailers urged to assess everything Retailers hope to increase internet exposure Ambitious Britons hope to own businesses Retail sales enjoy quarterly growth Retailers retain confidence in the industry Women prepared to walk the earth for retail Retailers urge chancellor to ease burden Retailers urged to curb discounting Internet claiming increasing numbers of high-street shoppers FPB urges competition commission to help smaller retailers Competition commission set to replace code of conduct London retail sales below par in January Online retailers drive to attract new consumers Retailers taking legal obligations seriously UK wholesalers could be shunned by supermarkets US retailers enjoy shock sales rise Women opt for ethical Valentines gifts Retail sales set to face 2008 dip Sales boost January retail figures Retailers set for prosperous Valentine's Day Groups warn on danger of toy imports Government needs to raise small business legal awareness FWD outline annual conference plans Shop price inflation rises eBay abandons buyer negative comments European retail sales dip in December Demand for British goods increases Cashback websites battling high street for customers US wholesale prices increase Organisations to petition bag ban Capital Gains Tax may not be compatible with EU law Archive January trade news 2008   29th February 2008   Mexx to withdraw from UK retail industry A lack of consumer spending on the high street has caused fashion retailer Mexx to make plans to close its UK stores. The fashion chain, which is based in the Netherlands, is thought to have summoned store managers for a 'fun day' in London, only to inform them that their outlets would be closing and that they would be losing their jobs. In the meeting, held earlier this week, Mexx revealed that its UK operations would end in July this year. The chain has 61 outlets across the UK, including flagship stores on Oxford Street and in Covent Garden. Mexx was founded in 1980 and sells clothing for women, men and children. It was acquired by Liz Claiborne, the US fashion group, in 1981 and has 61,000 employees worldwide. Spokespeople from both Mexx and Liz Claiborne have issued no comment about the end of UK operations.   (c) 2008 Adfero Ltd.   Subscribe to The Wholesaler UK regular newsletter featuring trade news, suppliers offers and trade show reminders. . .