Category list : ACCESSORIZE
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Redundancies loom at Monsoon AccessorizeSubscription
Monsoon Accessorize has announced up to 50 redundancies across its head office teams, as part of its ongoing restructuring, Drapers can reveal.
Monsoon Accessorize CVA vote resultSubscription
Monsoon Accessorize creditors have approved the retailer’s company voluntary arrangement, which asks for rent reductions of up to 65% across more than half of its stores.
Intu hit hardest by Monsoon CVASubscription
Ailing shopping centre owner Intu faces the biggest threat from Monsoon Accessorize’s company voluntary arrangement.
Landlords may rally against Monsoon CVASubscription
Landlords are showing resistance to Monsoon Accessorize’s company voluntary arrangement proposal, which asks for rent reductions of up to 65% across more than half of its stores, property sources have told Drapers.
Monsoon Accessorize CVA seeks 65% rent cuts Subscription
Monsoon Accessorize has asked landlords to cut rents by up to 65% across more than half of its stores, as part of its company voluntary arrangement, which launched yesterday.
More landlords are likely to seek equity in struggling retailers as part of company voluntary arrangement (CVA) negotiations, which could promote a more collaborative relationship between the two parties, property experts have said.
Monsoon landlords demand equity stakeSubscription
Four property companies have reportedly demanded an equity stake in Monsoon Accessorize in return for supporting a company voluntary arrangement (CVA).
£34m lifeline on offer for MonsoonSubscription
The founder of Monsoon Accessorize, Peter Simon, has reportedly said he will inject £34m into the struggling business if landlords agree to cut rents, as part of a company voluntary arrangement (CVA).
Monsoon Accessorize plans to launch CVA Subscription
Monsoon Accessorize is preparing to launch a company voluntary arrangement (CVA) within the next month to “accelerate” up to 50 store closures, after calling in advisers to consider restructuring options for the business.
Monsoon founder takes huge dividend cutSubscription
Monsoon founder Peter Simon took a huge cut to his dividend last year, down to £5m from £27m the year before, as the retailer’s performance continues to struggle.