A new wool coat company, which has made headlines for its ability to produce high-quality wool coats in a matter of days, has shut down.
Wool Coat Factory closed on Wednesday, citing poor business conditions, the company announced on Twitter.
The company made its debut in the city in 2013, producing wool coats for retailers such as Zara, as well as the New York Stock Exchange.
The company has since expanded to include other retail outlets, including the online store of the fashion retailer.
The news came a day after the New England Winter Olympics and Paralympic Games were cancelled.