Monsoon Accessorize plans to reopen 100+ stores 'in time for summer'

By

Sandra Halliday

Published
Jun 17, 2020

Monsoon Accessorize has appointed retail property specialist Harper Dennis Hobbs to help it in the reopening of over 100 UK stores.

The company isn't alone in reopening its shops at the moment, but given that it was recently bought out of administration by its founder Peter Simon and a large number of its stores are to close, it does find itself in a different position from so many of its retail peers.

Harper Dennis Hobbs is working “to secure new leases with landlords and reopen stores as quickly as possible”.

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Chairman David Harper said: “Monsoon and Accessorize are both staples of the British high street, and we are delighted to be advising Peter and his team to ensure stores can re-open in the coming weeks. 

“We are working on an accelerated programme of delivery, negotiating with multiple landlords to get leases secured and stores open again. With restrictions for the UK high street lifting, we are determined to move quickly and efficiently in order to have stores trading in time for summer.”

Monsoon COO Nick Stowe added that having a High Street presence is important to the company and that “our landlords have been hugely supportive. Engaging with Harper Dennis Hobbs, and the experience their team bring, will help us accelerate our conversations. Our goal is to secure leases as quickly as possible, get our retail business working again and save thousands of jobs.”