Liquidation as historic chandler Arthur Beale closes London store
Historic chandler Arthur Beale will continue to operate online, after its famous store on Shaftesbury Avenue in London closed in June.
A statement from the store posted online: “We found ourselves in a very precarious state due to the pandemic, but luckily for us, we found two enthusiastic new investors to help us put much needed capital back into the business!”
âThis means that we will continue to operate online at www.arthurbeale.co.uk, and we hope to have a presence in London again in the future.
âThere is still some life in the old ship! Goodbye.”
The store started out as John Buckinghams 500 years ago and outfitted Shackleton for pre-World War I Antarctica, as well as Tenzing Norgay and Eric Shipton for their first Everest expedition in 1935. .
It has been located at 194 Shaftesbury Avenue for 150 years.
The statement said: “The impact of Covid-19 means the company can no longer guarantee the payment of rents demanded by a central London store, so we have no choice but to move to new ones. pastures. “
Meanwhile, there is a “clearance sale with 20% off everything through June 24”.