A TRENDY fashion chain owned by H&M will close two sites in a matter of days in another blow to UK high streets. Clothes retailer Monki has seven stores in the UK, including a site on London's Carnaby Street and in Glasgow. 1 Monki has seven locations in the UK The brand is known for its colourful designs and is a popular place for trend-conscious Gen Z shoppers to buy low-rise and baggy jeans.
But come next year, shoppers may struggle to find its funky designs, as H&M has plans to integrate the brand with another one of its fashion lines, Weekday. As part of the process, Monki stores will either be closed or converted into Weekday multi-brand stores. Representatives from H&M have revealed to The Sun the closure dates of two of its sites in Manchester and Newcastle - and they're very soon.
Read more on money CASH OUT New tool launches to help find your nearest bank branch as hundreds more to shut TO YOUR BENEFIT Full list of home improvement grants you can apply for worth up to £95k Its Newcastle upon Tyne branch in the Eldon Square shopping centre will close for good on January 2, giving customers around two weeks to say their goodbyes. Meanwhile, its Manchester branch in the Arndale centre will close forever on January 17. The future of the five other Monki sites remains uncertain, as they could be either closed for good or transformed into something new.
These include: Most read in Money EXTRA YARD Thousands of Scots households could get another bin under new government p.
