High rates blamed for fashion boutique closure

Editor, located in Lisburn Square, opened at the end of 2009 and while it was a hit with local fashionistas the firm has recently struggled to survive.

A spokesman for the business explained that one of the main reasons for the shop having to close is the rates.

He said: “The rates are three times the cost of other places in the province. This together with the fact that a small independent retailer like us can’t adjust our prices to meet the VAT increase, is a killer. It just doesn’t make sense and we have taken a real beating.”

When Editor opened it was widely seen as a welcome addition to the city offering women a new concept in style, catering for the 18-35 age group. The name was chosen to create a magazine vibe which was reflected throughout the store.

At the time the firm said: “Just as magazines constantly change we keep abreast of evolving fashions so we highlight key looks on a weekly basis, showing our customers how to be ‘on trend’ with our affordable, individual and quirky clothes.”

Unfortunately the demand for high fashion couldn’t keep up with the economic downturn.