Trendy fashion chain owned by H&M to close another store TODAY as it vanishes from high street

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Trendy fashion chain owned by H&M to close another store TODAY as it vanishes from high street
Author: Laura McGuire
Published: Jan, 12 2025 10:30

A TRENDY fashion chain owned by H&M will close all of its stores in a shock move for the high street. Monki has seven stores in the UK, including a site on London's Carnaby Street and Manchester's Arandale Centre. The brand was known for its colourful designs and a popular place for trend-conscious Gen Z shoppers to buy low-rise and baggy jeans.

 [Monki has seven locations in the UK]
Image Credit: The Sun [Monki has seven locations in the UK]

But come next year customers may struggle to find its funky pieces on the high street. That's because H&M has plans to either shut down Monki stores or merge them with another one of its fashion brands, Weekday. The Scandinavian retail giant wants to blend the two brands together to make a one-stop shop that appeals to young shoppers.

 [Its low-rise jeans were a hit with young shoppers]
Image Credit: The Sun [Its low-rise jeans were a hit with young shoppers]

A statement from H&M read: "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.".

As part of this process, H&M will also revive its Cheap Monday brand after nearly six years off the high street and begin selling it in Weekday stores. The fashion line was a hit during the early noughties but H&M axed it in 2018, blaming poor sales. Weekday has five locations in the UK, all of which are in London.

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