List of UK H&M Monki stores at risk of closure, potentially rebranding as Weekday.

Monki has a global presence with 56 stores, including seven in the UK.

December 4th 2024.

List of UK H&M Monki stores at risk of closure, potentially rebranding as Weekday.
In 2008, H&M made an exciting move by acquiring the youth fashion brand Monki. However, after years of struggling to find success with separate fashion brands aimed at younger people, H&M has made the decision to close all of its Monki stores next year. This comes as part of a larger trend of retail closures that has been sweeping the industry.

Initially, H&M had planned to merge Monki with another fashion brand, Weekday, in order to create a new, all-encompassing destination for young people. However, despite initially stating that the brands would remain separate, H&M has now revealed that all Monki stores will instead be shutting down. Only a limited number will be transformed into multi-brand Weekday destinations.

This decision will affect a total of 56 Monki stores around the world, with seven of them located in the UK. At this time, H&M has not announced which stores will be converted to Weekday or how many jobs will be affected by the closures. In a statement, H&M expressed excitement about the potential for the newly formed Weekday destination to cater to customers' high aesthetic standards and unique expressions.

For the UK specifically, the list of Monki stores set to close includes locations in London, Bristol, Birmingham, Sheffield, Manchester, Newcastle, and Glasgow. These closures are just the latest in a series of retail shutdowns, with companies like Homebase, Dobbies Garden Centres, and WHSmith also announcing closures of their own.

Even smaller, independent businesses are feeling the effects of the changing retail landscape. After 116 years of being run by the same family, Harringtons Eel and Pie House in Tooting is closing its doors. Similarly, City Radio Stores in Ealing, which has been serving its community for nearly a century, is also bowing out. And for Oddie's, a beloved institution in the north west, the future is uncertain as the business seeks a buyer for its 13 stores after 119 years of serving baked goods in Lancashire.

Change is never easy, and the closure of Monki stores is sure to be a difficult transition for many. However, H&M remains optimistic about the future and is eager to see how the new Weekday destinations will thrive and evolve. As they navigate these changes, they remain mindful of the impact on their colleagues and look forward to this exciting new chapter in their journey.

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