All Monsoon Accessorize articles – Page 2
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NewsLandlord drops Monsoon Accessorize CVA challenge
British Land has dropped a legal challenge to fashion retailer Monsoon Accessorize’s CVA.
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NewsMonsoon Accessorize poaches digital director from Dixons Carphone
Monsoon Accessorize has poached a former Dixons Carphone director to head up its ecommerce business, as the retailer looks to reinvigorate its digital channels.
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NewsMonsoon chief stands down, will not be replaced
Monsoon Accessorize chief executive Paul Allen is to leave the retailer and will not be replaced.
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NewsMonsoon Accessorize to cut up to 50 roles
Monsoon Accessorize will make up to 50 staff redundant as part of ongoing efforts to restructure the business.
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NewsMonsoon Accessorize CVA passed by creditors
Monsoon Accessorize’s CVA has been passed by its creditors, paving the way for hefty rent reductions at around half of its stores.
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NewsMonsoon Accessorize CVA proposal calls for rent cuts
Monsoon Accessorize has published its CVA proposal calling for rent reductions at 135 stores in exchange for £30m in funding and a £10m annual profit-sharing scheme.
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NewsMonsoon offers landlords share of profits ahead of CVA
Monsoon Accessorize has rejected landlords’ demands for an equity stake in favour of a share of future profits, ahead of its mooted CVA proposal.
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NewsMonsoon landlords pile on pressure for equity stake
Property owners have demanded better terms from Monsoon Accessorize owner Peter Simon as he seeks to push ahead with a CVA.
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NewsMonsoon not looking to close stores in CVA
Monsoon is not looking to close any stores as part of its delayed CVA proposal, but it is looking to resize a number of units in its estate as well as slash or even eliminate rents on a number of others.
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NewsMonsoon delays CVA plans after Arcadia stalemate
Monsoon owner Peter Simon has postponed the fashion chain’s restructuring plans after landlords failed to offer sufficient support to Sir Philip Green’s Arcadia CVA earlier this week.
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NewsMonsoon landlords call for equity stake ahead of CVA
A number of landlords have written to Monsoon demanding an equity stake in the business, in return for supporting any company voluntary arrangement.
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NewsMonsoon founder pledges £34m to secure CVA
Monsoon founder Peter Simon has offered £34m worth of rescue funds in a bid to win approval for rent reductions from landlords as part of a CVA.
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NewsMonsoon becomes latest retailer to mull potential CVA
Monsoon has said it is looking to “accelerate” the process of its store closures as it mulls a potential CVA in order to restructure its estate.
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NewsMonsoon asks landlords for rent reductions
Monsoon has asked landlords for rent cuts as it mulls accelerating the pace of its store closures.
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NewsMonsoon losses shrink but sales remain flat
Monsoon managed to significantly shrink its losses in its last full year but sales remained stubbornly flat.
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AnalysisHere today, gone tomorrow: Retail’s shortest tenures
The revolving door at retailers’ head offices can sometimes move especially fast, as Hobbycraft boss John Colley recently discovered.
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NewsEx-M&S and Monsoon bosses team up for store launch
Former Marks & Spencer fashion supremo Kate Bostock and ex-Monsoon chief executive Rose Foster have teamed up for a kidswear store launch.
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InterviewMonsoon boss Paul Allen's plan for clearer skies
In a fashion sector that has been through its fair share of woe, Monsoon stands out as a particularly troublesome retailer.
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AnalysisInfographic: Jill McDonald joins M&S and more
The week in words and numbers, May 12, 2017: Jill McDonald joins M&S from Halfords and Monsoon boss Paul Allen on its turnaraound plan.
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NewsBreakfast briefing: Morrisons, Monsoon and more
Retail news round-up: Morrisons increases boss's pay despite MPs' warning, and Monsoon boss receives dividend cut amid losses.