Biba in 1975, Biba was closed by the British Land Company. The Dorothy Perkins shareholder decided that the Derry and Toms building that housed Big Biba was worth more than the ailing business itself. It sold the trademark to a consortium with no connection to Barbara Hulanicki, who opened a store in London on 27 November 1978, on two floors in Conduit Street in London's Mayfair. The store was not a success, and closed less than two years later. There have been several attempts to relaunch Biba, the first occurring as soon after its closure as 1977. Another relaunch took place
Stiletto heel in the mainstream shops. A version of the stiletto heel was reintroduced in 1974 by Manolo Blahnik, who dubbed his "new" heel the "Needle". Similar heels were stocked at the big Biba store in London, by Russell & Bromley and by smaller boutiques. Old, unsold stocks of pointed-toe stilettos and contemporary efforts to replicate them (lacking the true stiletto heel because of changes in the way heels were by then being mass-produced) were sold in street fashion markets and became popular with punks and with other fashion "tribes" of the late 1970s until supplies of the inspirational original styles dwindled