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1880 Hong Kong shutters operations just seven months after opening, citing cash flow issues

by Aliza Carmona

-

June 2, 2025

Hong Kong – Private members’ club 1880 Hong Kong has reportedly closed its doors less than a year after its high-profile launch, with financial difficulties cited as the primary reason.

According to a report by the South China Morning Post (SCMP), the club—an extension of Singapore’s 1880—ceased operations due to cash flow problems and failed fundraising attempts. The venue was located at Two Taikoo Place in Quarry Bay, a commercial property under Swire Properties.

In an internal letter cited by multiple news outlets, founder Marc Nicolson addressed staff directly, expressing regret over the closure. He acknowledged the failure to secure new funding, writing, “I was wrong, and I’m deeply sorry.”

In a separate message to members, Nicolson said that the original Singapore club would continue operations under a new management group. Members of the now-defunct Hong Kong branch would receive a one-year overseas membership as compensation. However, it remains unclear whether refunds will be offered. All memberships and associated privileges have been discontinued.

The SCMP report also noted allegations that 1880 Hong Kong owes back pay to over 100 employees, including kitchen and office staff. The Labour Department has reportedly received requests for assistance from affected workers.

Two former employees, speaking anonymously, claimed they are owed HK$50,000 (US$6,376) and HK$90,000 in unpaid wages, not including severance and annual leave payouts. They said they received only HK$5,000 each in April and were told the rest would follow once new investment had been secured. No further payments have been made, according to their accounts.

No official statements have yet been issued regarding the allegations of unpaid wages or potential legal action.

The club opened on November 8 last year, occupying four floors and featuring event spaces, restaurants, and a gym with spa facilities. It also introduced “1880 SOCIAL”, a lifestyle offering housed in the same location. The Hong Kong outpost was part of a broader expansion, following locations in Singapore and Bali (1880 Brawa).

Related Tags Hong Kong 1880 1880 SOCIAL social club
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