Low cost Monday may well have after been the spot to go for skinny denims but it has been battling.

Now, H&ampM, who possess the manufacturer, explained it is heading to shut soon after ‘major problems thanks to the change in the industry’.

They included that there has been ‘a unfavorable craze in the Low cost Monday’s product sales and earnings for a prolonged time.’

The on the internet keep and Carnaby Avenue department in London will shut on 31 December 2018, with 80 workers afflicted.

‘We need to have to continuously produce our enterprise and what we select to spend in.

‘We see really excellent chances and wonderful possible for all of the other manufacturers inside of New Enterprise, which all are building positively each digitally as properly as by means of actual physical merchants,’ states Anna Attemark, Head of New Enterprise at the H&ampM team.