It's another loss for the Island's high street, with the announcement Monsoon and Accessorize will shut its doors next month.
In a post on social media, Douglas Town Centre Management - it says the closure is down to 'a change in situation'.
The shops will officially close on Friday, January 6 at 5pm.
Earlier this year, it was hinted HSBC could be moving to the current base of Monsoon and Accessorize, if planning application is given the green light.
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Deal Or No Deal presenter on the Island
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Local artist's works featured on new stamp set
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