Cult denim brand Cheap Monday is set to host its final warehouse sale in Australia, as the brand wraps up operations globally.
Last year, parent company H&M announced it would close global operations due to poor sales and a focus on vertical retail.
“Cheap Monday has a traditional wholesale business model, which is a model that has faced major challenges due to the shift in the industry,” H&M said in a media statement at the time.
“There has been a negative trend in the Cheap Monday’s sales and profits for a long time.”
The Swedish cult label, synonymous for its skinny jeans, will throw its last ever warehouse sale in Australian this March.
The sale will take place in Paddington between March 13 and March 16.
It will offer denim, tees, shirts and accessories from $5 with two pairs of jeans for $50.