In a significant blow to the UK's retail beauty sector, the British arm of prominent skincare brand Malin + Goetz has collapsed into administration, triggering the immediate closure of all its stores across the country. This sudden development has resulted in the loss of over 70 jobs, marking a stark end to the brand's physical presence in the UK market.
Immediate Closure of All UK Operations
A spokesperson for Malin + Goetz confirmed the drastic move, stating that following an exhaustive review of the business and after exploring all viable alternatives, the difficult but necessary decision was made to place the UK operation into administration. This action has directly led to the closure of all company-operated UK stores and the head office.
The spokesperson expressed deep regret for the impact on colleagues and customers, acknowledging that the job losses were deeply regrettable but unavoidable given the circumstances. The administration affects the brand's physical retail footprint in several key London locations, including stores in Seven Dials, Soho, Spitalfields, Islington, Canary Wharf, Battersea Power Station, and Borough Yards.
Brand Background and Philosophy
Malin + Goetz was founded in 2004 in New York City's Chelsea neighbourhood by Matthew Malin and Andrew Goetz, with a mission to simplify skincare. The brand prided itself on creating high-quality, easy-to-use skincare products, fragrances, and candles designed to fit into modern lifestyles. Its core philosophy centred on formulas that deliver multiple benefits with fewer steps, using honest ingredients to create gentle, effective products suitable for all skin types, tones, and genders.
The company began modestly, with just six essential products developed in a small New York apartment with limited shelf space. These initial offerings included a cleanser and moisturiser for face, body, and hair, designed to leave even the most sensitive skin feeling healthy and balanced. Over the years, the brand expanded its range to include a curated selection of targeted treatments for specific skin concerns.
Market Impact and Consumer Response
The collapse represents another challenging moment for the UK high street, particularly within the competitive beauty and personal care retail sector. Consumers who have relied on Malin + Goetz's physical stores for their skincare needs will now need to seek alternative purchasing channels, potentially through the brand's international online operations or competing retailers.
The administration process will now determine the future of the UK business assets and whether any elements of the operation might be salvaged or acquired. For now, the immediate consequence is the permanent shuttering of all UK retail locations and the termination of employment for the brand's British workforce.
