Who is Monsoon owned by?
Monsoon Accessorize is a British private limited company. It operates two international retail clothing chains – Monsoon and Accessorize….Monsoon Accessorize.
|Monsoon shop in Brompton Road, London|
|Key people||Peter Simon (Chairman) Nick Stowe (Chief operating officer)|
|Products||Clothing Fashion accessory|
Is Monsoon closed in Ireland?
Fashion and accessory brands Monsoon and Accessorize have permanently shut 35 stores across the UK and Ireland after being bought out.
Is monsoon going into administration?
Monsoon becomes the latest fashion retailer to hit the news for being on the brink of insolvency amid the coronavirus pandemic. This news leaves 3,500 jobs at risk. The group, owned by Peter Simon, is said to be planning to file a notice of intention to appoint administrators within the coming days.
Is Monsoon gone into liquidation?
Is Oasis closing down in Ireland?
Oasis and Warehouse are to close permanently, with the loss of 248 jobs across 13 stores and 29 concession stands in Ireland. The announcement comes after administrators were unable to land a rescue deal for the retail chains. Deloitte confirmed that all stores will close indefinitely and online sales will be ceased.
Does Next own monsoon?
New holding company Adena Brands, which is controlled by Simon, acquired Monsoon Accessorize after it went into administration last night following the impact of Covid-19 and the closure of all 230 stores.
Whats happening with Monsoon?
In line with what other high street retailers have been following, due to government measures, Monsoon Accessorize’s 220 UK stores have been closed since March. The company is not a stranger to restructuring deals… less than a year ago it received approval from landlords for a Company Voluntary Arrangement (CVA).
Does Next own Monsoon?
Who bought Oasis and Warehouse?
Online fashion retailer Boohoo has agreed to buy the online businesses of Oasis and Warehouse for £5.25m. Boohoo made the announcement as it said online sales rose by 45% in the three months to May, partly boosted by demand for athleisure items during lockdown.
Is Debenhams closing in Ireland?
The group had already confirmed that 52 of its remaining 101 stores will shut on Saturday May 8. It said the remaining 49 stores will shut for good on May 12 and May 15 following its liquidation. Debenhams confirmed in April 2020 that stores in Ireland, which were closed due to Covid-19 restrictions, would not reopen.
Is Monsoon shutting down?
A total of 35 Monsoon stores will be closed for good after parent company Monsoon Accessorize entered into administration. In total, 545 staff will be made redundant – but a deal has been agreed in order to save the majority of the chain’s outlets.
How do I return to Monsoon?
You may return unused products within 30 days of purchase with your Return’s Note. Your items don’t need to be in the original packaging as long as they’re securely packaged. You will need your Order ID and the email address associated with your Monsoon account to process your return.
Is Oasis still trading?
FAST fashion retailer Boohoo has bought the online businesses of Oasis and Warehouse after the shops went into administration back in April. The high street fashion chains collapsed during the height of the coronavirus outbreak, and about 1,800 jobs were lost.
Will Debenhams reopen in Ireland?
Debenhams’ Northern Ireland stores had been in lockdown for the first four months 2020 due to Covid restrictions, but they were allowed to reopen along with other non-essential shops on 30 April.
What is happening to Monsoon shops?
MONSOON Accessorize is permanently closing 35 stores with the loss of 545 jobs. The retailer entered administration this week after the coronavirus crisis shattered its turnaround plan.
Which Monsoon stores have closed?
The stores which it expects to permanently close are: