*cries*

Wow! That is sad, especially for all the employees.
Does that mean our beloved YSL brand is not selling so well?
If not, then so much for the idea we read about on here a little while back to stop putting items on sale as much, going the route of LV, etc.?
 
There were really only a few stores on that list - I was surprised how few, like maybe 6 in the whole US.

I'm sure the stupid sales tax had something to do with it here, at least. Right now it's the highest in the nation and shopping on Oak and Michigan Ave is hurting.
 
Not surprised Chicago was the next to go, luxury retail sales in Chicago are horrible right now. Not as bad as San Francisco which is so bad stores might as well close their doors but it's in the top 3.