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Cheap Monday

Cheap Monday is a Swedish denim-focused fashion brand known for its punk-inspired, affordable clothing that emphasizes individuality and youth culture, originally launched in 2004 with signature super-skinny jeans featuring a controversial skull logo. The brand traces its origins to 2000, when it began as a second-hand clothing store in a Stockholm suburb, before evolving into a dedicated jeans line under founders Örjan Andersson and Adam Friberg in 2004. Its early success came from the rapid sell-out of its Tight jeans, which captured the indie-sleaze aesthetic of 2000s youth subcultures with slim fits, distressed washes, and bold, expressive designs. Acquired by the H&M Group in 2008, Cheap Monday expanded to include full collections for men and women, incorporating casual wear and accessories while maintaining its edgy, counter-cultural vibe. After facing declining sales, the brand was closed in 2019, but it was revived in summer 2024 under the management of H&M's youth-oriented label Weekday, targeting Gen Z with updated offerings like low-waisted bootcuts, hyper-flares, and slouchy fits in blue, black, and grey washes. The relaunch preserves the iconic motif—originally featuring an inverted for its provocative edge—while adapting to contemporary trends in nonconformist, music-influenced fashion. As of 2025, Cheap Monday remains available through Weekday's online platform and select retailers like , focusing on stretch- pieces that blend heritage with modern self-expression.

History

Founding and Launch

Cheap Monday originated from a second-hand venture initiated by Örjan Andersson, Adam Friberg, along with two friends in November 2000, when they opened a named Weekend in a quiet of , . The store operated only on weekends, catering to young locals seeking affordable, vintage-inspired fashion amid the city's emerging . This modest beginning allowed the founders to gauge demand for edgy, accessible , setting the stage for their to original designs. By early 2004, Andersson and Friberg, along with collaborator Lars Karlsson, transitioned from resale to production, launching their own line to capitalize on the popularity of slim silhouettes in Stockholm's and scenes. The brand debuted in March 2004, with the introduction of tight-fitting, raw known as the "Tight" model, featuring a distinctive skull logo with an inverted on the forehead—designed by Björn Atldax and Karl Grandin of the group Vår. These embodied a rebellious, grungey aesthetic influenced by the underground music and vibe, offering an affordable alternative to high-end labels at around 500 per pair. The brand name "Cheap Monday" stemmed directly from an initial sales tactic: to clear weekend stock, the founders discounted the new exclusively on Mondays, appealing to club-goers recovering from weekend excesses with budget-friendly pricing. The debut collection sold out rapidly—800 pairs in just two weeks—exclusively through the Weekday store in , marking Cheap Monday's instant resonance with youth subcultures and laying the foundation for its expansion. This launch positioned the brand as a staple in affordable, attitude-driven , later scaling significantly after its 2008 acquisition by Group.

Pre-Acquisition Expansion

Following the successful launch of its signature jeans in 2004, Cheap Monday underwent rapid expansion under its parent company, Fabric Scandinavien AB, transitioning from a niche offering within Weekday stores to a globally distributed brand targeting young urban consumers. By 2006, the label had entered international markets through key retailers, including in the UK and , capitalizing on the growing demand for affordable, edgy . This wholesale strategy enabled availability in over 1,000 stores worldwide by early 2008, with a focus on and . The brand's growth accelerated significantly in the mid-2000s, reflected in robust financial performance. Net sales reached SEK 250 million for the 2006–07 financial year, yielding an operating profit of SEK 67 million, while turnover was projected to reach SEK 400 million in 2007–08. Fabric Scandinavien supported this scaling by leveraging its network of Weekday and Monki stores in Sweden—primarily in Stockholm, Göteborg, and other cities—as initial retail outlets for Cheap Monday products, before pursuing standalone presence in urban centers. Cheap Monday's appeal resonated deeply with youth subcultures, embodying an ethos through its provocative marketing and association with the hipster aesthetic of the era. The brand's skinny jeans became a staple for disenchanted , symbolizing rebellion against mainstream fashion norms and aligning with and influences that prioritized individuality and affordability. This cultural alignment, combined with bold campaigns that challenged conventional retail norms, helped solidify its status as a countercultural favorite among young consumers seeking expressive, value-driven style.

Acquisition by H&M Group

In 2008, Group acquired a 60% stake in Fabric Scandinavien AB, the parent company of Cheap Monday, for 564 million (approximately $92 million) in cash, marking the retailer's first major external acquisition. The transaction, announced on March 6, 2008, and subject to regulatory approval, included an option for to purchase the remaining 40% within three to five years, providing majority control over the Swedish entity that also owned the Weekday and Monki brands. This move was driven by Cheap Monday's rapid pre-acquisition expansion, with projected turnover reaching 400 million for the 2007/08 , up from 250 million the prior year. The founders, including Cheap Monday co-creators Örjan Andersson and Adam Friberg, retained key creative roles following the deal, ensuring continuity in the brand's design direction. Andersson and Friberg, alongside other sellers Lars Karlsson and Linda Friberg, committed to ongoing involvement within Fabric Scandinavien, with Karlsson continuing as CEO. This retention of leadership was intended to preserve Cheap Monday's independent aesthetic while leveraging H&M's resources. The acquisition immediately positioned Cheap Monday for enhanced scalability through access to H&M's established global , production expertise, and infrastructure, enabling faster expansion and increased capacity. By integrating the brand into H&M's portfolio of youth-focused labels, the deal allowed for strategic synergies in distribution and , aligning Cheap Monday's affordable and ethos with H&M's core principle of accessible .

Brand Identity and Products

Design Philosophy and Aesthetic

Cheap Monday's design philosophy was deeply rooted in provocation and rebellion, exemplified by its signature logo of a grinning bearing an inverted cross on its forehead. This symbol, crafted by designer Bjorn Atldax in 2004, functioned as an explicit critique of , intended to provoke discourse on faith and Christianity's role in historical conflicts such as wars. Although Atldax emphasized it as a deliberate anti-Christian statement rather than an embrace of , the brand's co-founder Örjan Andersson framed it more lightly as a stylistic flourish to enhance the ' punk-rock appeal, aligning with Sweden's secular culture where such imagery sparked minimal backlash but fueled cultural conversations. The brand's aesthetic embodied a fusion of minimalist principles with grunge-inspired rawness, prioritizing clean lines, slim silhouettes, and unrefined treatments like distressed washes and rigid fabrics to convey an authentic, edge. This approach reflected broader tendencies toward functional simplicity while incorporating subversive, worn-in details that distanced it from polished high-street norms, creating pieces that felt both accessible and defiant. Influenced by the indie-sleaze , Cheap Monday blended streetwear's casual irreverence—such as layered, mismatched looks—with a high- sharpness, capturing the era's restless youth spirit through tight fits and monochromatic palettes that evoked scenes and underground rebellion. The leveraged irony and counter-cultural nods to position the brand as a clever antidote to mainstream conformity, with provocative visuals and taglines like "Over My Dead Body" amplifying its dark, humorous undertone while maintaining affordability to democratize the rebellious style.

Core Product Lines

Cheap Monday's flagship products centered on denim jeans, beginning with the introduction of skinny and slim-fit styles in 2004. The brand's debut Tight jeans, crafted from stretch , quickly became iconic for their super-slim and were offered in various washes, including unwashed raw and distressed finishes, appealing to a youth market seeking affordable, edgy alternatives to high-end . These were priced accessibly, typically ranging from 500 to 800 , making them a staple in casual wardrobes. By the late 2000s, the product line evolved to include a broader array of jean fits, expanding beyond the original skinnies to incorporate flares and bootcuts in the , reflecting shifting trends while maintaining the brand's focus on slim, modern proportions. Complementary apparel complemented the denim core, featuring shirts, graphic tees with bold prints, , and outerwear such as -integrated jackets that emphasized layered, grunge-inspired looks. This integration of non-denim items, including jersey tops and workwear-inspired pieces, underscored the brand's as a rebellious aesthetic touchstone. Innovations in and fit further defined Cheap Monday's offerings, with elongated inseams designed to create an elongated, contemporary that paired seamlessly with the brand's low-rise and slim profiles. Initially focused solely on upon launch, the line transitioned to a full collection by 2007, incorporating these fit enhancements across and apparel to support versatile styling while keeping prices low to ensure broad accessibility.

Business Developments

Growth and Operations Under H&M

Following its acquisition by Group in 2008, Cheap Monday expanded its retail presence with the launch of an e-commerce platform in 2013, marking the brand's first full retail operation and broadening access to its and apparel collections across key international markets. This digital initiative complemented the brand's physical expansion, allowing for targeted sales in regions aligned with sister brands like Monki and . The brand opened its first standalone flagship store in on in February 2012, spanning two floors to showcase its streetwear-inspired designs. This was followed by a flagship in ' Marais district at 121 Rue Vieille du Temple in April 2014, featuring approximately 200 square meters of retail space dedicated to core collections and exclusive collaborations. In , Cheap Monday established its flagship in late 2013 within the Joy City , with a second store opening in shortly after to tap into the growing Asian market. Global distribution grew through integration with H&M Group's affiliate stores and select third-party retailers, including , where Cheap Monday offered exclusive lines such as the 2008 "Cheap Peace" jeans collection. By the mid-2010s, the brand's products reached thousands of points of sale worldwide, leveraging H&M's supply chain for efficient scaling while maintaining its independent aesthetic. A notable partnership emerged in 2015 with Swedish electronics firm , resulting in the Pocket Operator series of micro synthesizers—compact devices for music production that aligned with Cheap Monday's ethos. The collaboration, spearheaded by Cheap Monday Ann-Sofie Back, produced models like the PO-12 Rhythm and PO-14 Sub, which integrated seamlessly into the brand's merchandising as affordable, pocket-sized tools for creative expression. Internally, Cheap Monday benefited from H&M Group's resources, including design team enhancements that supported broader product diversification beyond into apparel and accessories. The brand integrated into H&M's framework during the , becoming a member of the Fair Wear Foundation to ensure independent monitoring of supplier labor practices, and incorporating organic materials in select lines as part of the group's Conscious Actions initiative.

Closure in 2019

On November 27, 2018, Group announced the closure of its Cheap Monday brand, attributing the decision to a prolonged negative trend in sales and profits, compounded by broader industry shifts toward and comfortable . The brand's heavy reliance on skinny jeans, a hallmark of its early success, became a liability as consumer demand waned amid market saturation in fitted styles and a pivot to looser, performance-oriented apparel. The shutdown proceeded in phases to wind down operations methodically. The Cheap Monday store in and its dedicated platform closed on December 31, 2018, while wholesale activities and remaining global distribution continued until full cessation on June 30, 2019. This process affected approximately 80 employees across the brand's operations. Financially, Cheap Monday's performance had deteriorated significantly from its peak in the , when it generated substantial wholesale —reaching €8 million in markets like alone—and expanded to over 1,000 stores worldwide through its affordable skinny jeans offerings. Post-acquisition by in 2008, the brand experienced initial growth but ultimately suffered from overexpansion and an outdated wholesale model ill-suited to evolving retail dynamics. In managing the closure, focused on liquidating remaining inventory through its established network of around 3,000 resellers and final online sales, ensuring minimal disruption to supply chains. , including design assets and trademarks, was integrated back into the H&M Group's portfolio to support broader strategic priorities.

Relaunch and Future

2024 Relaunch Announcement

On April 23, 2024, Group officially announced the relaunch of Cheap Monday, positioning the brand's revival as a return to its counter-culture roots tailored for consumers seeking authentic self-expression through . The announcement highlighted the brand's resurgence after a hiatus since its discontinuation in late 2018 and closure in 2019, emphasizing its role in reigniting individuality amid contemporary youth culture. The relaunch retains the iconic skull logo and edgy aesthetic that defined Cheap Monday's original identity, blending rebellious elements like post-punk influences and underground music vibes with affordable, experimental denim styles. H&M Group stressed maintaining the brand's independence within its portfolio, operating it as a distinct entity under the youth-focused Weekday banner to preserve its counter-cultural edge. Strategically, the revival responds to the renewed interest in nostalgia and indie fashion trends, such as "," which resonate with Gen Z's preference for genre-defying, nostalgic yet fresh aesthetics. Initial marketing efforts included teasers on platforms and H&M's youth-oriented channels, building anticipation for the summer debut with visuals evoking the brand's defiant spirit.

New Collections and Distribution

Following the 2024 relaunch announcement by Group, Cheap Monday introduced its debut collection at the end of summer, specifically on September 5, 2024. This initial drop centered on a core range of expressive, affordable pieces that revive the brand's signature aesthetic, including super-stretch skinny , low-waisted bootcuts, hyper-flared styles, slouchy fits, baggy silhouettes, and loose exaggerated designs. The collection emphasizes distressed and a nod to , , and hyper-pop influences, targeting contemporary with punk-inspired individuality. The debut lineup is available exclusively through and select physical channels to prioritize for its core audience. Primary distribution occurs via Weekday.com, in selected Weekday stores, and through partner retailers such as , where menswear and womenswear ranges—including skinny fit, western bootcut, and extreme baggy alongside accessories—are offered. A limited capsule of jersey tops, fronted by ambassador , was slated for later rollout in September 2024 on these platforms. Looking ahead, Cheap Monday's strategy leans toward a digital-first approach, bolstered by active engagement on (@CHEAPMONDAY) and (@CHEAPMONDAY) to connect with global demographics. In November 2024, the brand collaborated with Slam Jam on a capsule collection featuring low-rise bootcut and hyper-flared , capturing its gritty aesthetic. By May 2025, Cheap Monday was integrated into Weekday's multi-brand platform, which also includes Monki, exclusive drops, and second-hand offerings, enhancing its presence as a destination. As of November 2025, the brand continues to release new content and collections through these channels, with ongoing expansions via core online and retail partnerships.

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