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... as London Oxford Street store is sold

Dolcis has shed its loss-making London Oxford Street store after trading from the site for more than seven years.

The 4,800 sq ft shop shut last week and Norwegian fashion chain Bik Bok has now signed the store, where annual rent was believed to be £600,000 for Dolcis.

Former Dolcis owner Alexon sold the lease before new owner John Kinnaird took over.

Kinnaird told Drapers that Dolcis would return to the west end of Oxford Street in 2008.

Bik Bok is expected to open in May, taking its UK store count to three. Bik Bok has about 140 stores in Norway, Sweden, Denmark and Latvia, but hopes to open 15 stores over the next three years in the UK.

Letting agent Harper Dennis Hobbs acted for Bik Bok in the deal.

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