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Cotopaxi Closes San Francisco Store After Repeated Break-Ins

October 19, 2022

Citing lawlessness and “chaos,” Cotopaxi CEO Davis Smith announced on his personal LinkedIn page yesterday that he has closed the company’s sole San Francisco retail location.

“As of today, we are closing the store due to rampant organized theft and lack of safety for our team,” Smith wrote on October 18. “Our store is hit by organized theft rings several times per week.” Smith explained that the closure is due to concerns about employee safety, and that employees are being paid while the store is shuttered. Smith said he hopes the closure is temporary, although he can’t be sure. Outside