Popular Monki, a subsidiary of the Swedish fashion giant H&M is closing its last store in Hong Kong and officially leaving the market.

Abolouwang noted that H&M has suffered a series of retaliation blows from the CCP for its statement that mentioned “Xinjiang cotton.” 

The term is associated with the CCP’s forced labor practices against Uighur minorities. 85% of China’s cotton comes from Xinjiang. 

Besides Monki, H&M Group also owns other brands such as H&M and Cos. During its heyday, the group had four stores in Hong Kong: Fort Royal in Causeway Bay and Granville, Tsim Sha Tsui, Old Road, Langham Place in Mong Kok, and Tsuen Wan Plaza in Tsuen Wan.

Monki, which focuses on young customers, intends to uninstall its last store in Tsuen Wan Plaza in Hong Kong by the end of December. It organized a major sale in October and sold out all its inventory.

Other Monki stores in mainland China were also clearing out their shelves. However, as of Dec. 14, many Chinese users shared online that the Monki stores in their areas were having sales.

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