The present invention is an adjustable magnetic channel closure for a salon cape. The channel closure has a reinforced tab located at or near each of the ends of the channel. Each reinforced tab has a pair of magnetic components that grip the channel when the reinforced tab is bent. The channel closure is tightened by pulling a gripping component located at each end of the channel closure. A cord located at the top of the channel prevents the reinforced tabs and magnetic components from sliding off the channel when the gripping components are pulled.