Fashion chain owned by H&M launches closing down sale - see the full list of stores set to shut
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An iconic fashion chain owned by retail giant H&M is the latest to launch a closing down sale as a flurry of outlets struggle against high business rates and inflation. Monki is set to implement drastic changes to its UK stores - and in some cases, close the shutters entirely.
![[Monki, which targets younger shoppers, will close the seven stores it has across the UK]](https://i.dailymail.co.uk/1s/2024/12/22/16/92784705-14218999-H_M_has_confirmed_it_will_close_all_its_Monki_stores-a-71_1734885504814.jpg)
The company describes itself as the 'antidote to boredom' with its collections 'guided by contemporary youth culture' to 're-imagine young femininity'. But it will soon merge with another H&M brand in five locations whose name 'WeekDay' may not scream so much 'antidote to boredom' - as well as see two of its stores close for good.
![[The brand was known for its trendy designs and was popular among Gen Z shoppers for their trademark low-rise jeans]](https://i.dailymail.co.uk/1s/2024/12/22/16/92784173-14218999-The_brand_was_known_for_its_trendy_designs_and_was_popular_among-a-70_1734885489375.jpg)
This comes as Monki recently put up signs at its store in the Arndale Shopping Centre, Manchester, announcing a closure date of January 12. An H&M spokesman had said: 'A limited number of Monki stores are intended to be transformed into multi-brand Weekday destinations, while the others are intended to be closed.
'The newly formed Weekday multi-brand destination will cater to customers’ high aesthetic standards while embracing their multitude of unique expressions.'. Despite the change being described as affecting a 'limiting' number of stores, it will impact five of the total seven, with the future of each remaining uncertain while the other two close.
The brand has stores on London 's Carnaby Street (pictured) and Manchester's Arndale Centre. Monki, which targets younger shoppers, will close the seven stores it has across the UK. Beyond the Manchester branch, Monki's Newcastle upon Tyne branch in Eldon Square will say its goodbyes on January 2.
