Michael Hill International will terminate its Emma & Roe business, expecting the move to cost no more than $3.1 million.
The closure will include its six remaining stores and its eCommerce platform.
It follows the retailer's decision to exit the US market after 10 years.
It also comes less than four months after Michael Hill announced it would close 24 of its 30 Emma Roe stores.
CEO Phil Taylor said the Michael Hill business accounts for 95% of company revenue, with over 300 locations.
“Management resource and capital that would have been required to reposition the Emma & Roe brand will instead be directed to our core business, Michael Hill," he said.
The company estimates no more than $3.1 million in costs to terminate leases and satisfy employee severance claims.