Overview

• 1880 announced its permanent closure on June 17, 2025, and placed its holding company, 38 Degrees, and operating company, 1880 Pte Ltd, into provisional liquidation.
• Founder Marc Nicolson said declining member visit frequency and spending left the club without sufficient revenue.
• The club had three offers to invest in or acquire 1880 but was unable to finalize any of the proposals.
• The Singapore shutdown follows the closure of its Hong Kong branch on May 30 after less than a year of operation and roughly HK$20 million in debts, including rent and staff pay.
• Staff received full salaries for June but said suppliers remained unpaid and expressed surprise at the abrupt announcement.