Currency

Forex challenges force closure of two clothing outlets | Local Business


The ongoing challenges in accessing foreign exchange have forced the retail clothing store K Squared Fashions to close two of its outlets.

In a release issued yesterday, K Squared Fashions announced that its Gulf City Mall branch in San Fernando and Aboutique Mall branch in Port of Spain will be closed by the end of this month.

“Due to the ongoing foreign exchange shortage, we regret to inform you of the closure of our Gulf City Mall and Aboutique Mall branches only, effective January 31, 2025,” it stated.

“We remain committed to serving you through our other locations (C3 Centre, The Falls at WestMall, Brentwood Mall, Princes Town Mall and East Gates Mall) and online platforms,” it stated.

“Thank you for your understanding and continued support during these challenging times,” it stated.





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