Suite 1521 Winds Down Operations

After a four-year run, Suite 1521, which hosted members-only trunk show events, is winding down its business. The company was cofounded by Kim Kassel and Lizzie Tisch, longtime friends who set out to reinvigorate the personal shopping experience. “We’re canceling all of our fall events and we are going to stay open through our shipping period, which will probably be March,” Kassel said on Tuesday. “We have fall and resort orders to ship. We will be fulfilling all of our commitments to our designers and fulfilling all of our orders to our clients.” The company occupies a 4,000-square-foot showroom and offices at 980 Madison Avenue in New York. Tisch said the partners couldn’t pinpoint a specific reason for the closing and there were many factors at play. “We had a real specific vision for the business, and it was all about the experience and we tried a number of different avenues. When we really sat down and started to think about how hard we’ve worked over the past four years and where this is going, we just came to the conclusion that after four years, that it would be the best decision for both of us and our team to close,” Tisch said. In addition

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