Outlet Mall Staple Heritage Brands Is Closing All of Its Stores

A customer walks by signs advertising a going-out-of-business sale in a file photo. Justin Sullivan/Getty Images

Heritage Brands, which has numerous stores in malls across the United States, said it will close down all of its 162 stores starting in 2021.

A total of 162 Heritage Brand stores—including Izod, Olga, Warner’s, and Van Heusen—will wind down operations by mid-2021, said the owner, PVH, in a press release. It will also cut about 12 percent of its corporate workforce across its Calvin Klein, Tommy Hilfiger, Heritage Brand segments, according to a filing with the Securities and Exchange Commission (SEC).