Looks like it’s grand closing for Opening Ceremony. The infamous brand will close all of its stores this year, co-founders Carol Lim and Humberto Leon said Tuesday.
“It’s incredibly emotional for us to announce today that we will be closing our Opening Ceremony retail locations sometime in 2020,” the brand’s founders, Carol Lim and Humberto Leon wrote. “We’ve made a decision to focus on growing Opening Ceremony collection and brand… (which) takes the beautiful spirit of experimentation, fun, and collaboration embodied in our stores and imbues this energy into the clothing we make.”
This news follows the acquisition of Opening Ceremony by Italian fashion company New Guards Group, owned by Farfetch. Announced yesterday, the group, which also owns Off-White, went onto state its plans to relocate Opening Ceremony’s in-house production line to Milan and move the retailer’s website to Farfetch.
Opening Ceremony opened the doors of its Howard Street location in New York on Sept. 1, 2002, with an Olympics-inspired name and the idea to highlight emerging downtown brands alongside designers from other countries that had never sold in the U.S. before. In addition to its unique and influential concept and offering, Opening Ceremony became known for simply being a cool place to hang out.