The Holder’s Menswear shop in Windsor Road Penarth has posted notices in its windows announcing to customers that it is to close down.
There is speculation that the premises are to be acquired by the Cardiff-based Peacocks fashion chain – which is owned by Edinburgh Woollen Mill – the firm which also owns Penarth’s Holm House Hotel, the run-down mansions Normandy and Ashdene Manor in Bridgeman Road and which bought the “Gardenhurst“mansion from the Vale of Glamorgan Council.
Holders – originally A.C.Holder and Sons Ltd – has been a fixture of Penarth Town Centre for many years. The business was the only menswear shop left in Penarth following the closure several years ago of the Hepworths outfitters which was also located in Windsor Road.
Apart from serving an up-market customer-base in Penarth the store also developed a successful on-line sales business
Rumours that the lease was up for sale began circulating last November but at that stage nothing had been finalised .
It’s understood that the Holder’s business may close on March 31st but this is subject to confirmation.