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Chanel-owned lingerie company Eres is shuttering all three of its remaining US stores. Eres closed its Soho shop in March; the location on Madison and 58th will soon follow. The company's president tells WWD that they're looking for in-store spaces, explaining that it makes more sense for them to sell via places like Saks and Barneys than to keep up the expensive leases on their stand-alone boutiques. [WWD, subscription req'd]