Monsoon Accessorize is facing a potential existential threat, new accounts have shown. It may have managed to push through a CVA this summer with no store closures, but the new documents show it's not in the clear yet.
N Brown's digital focus and concentration on core brands in the UK seem to be paying off and with labels like Joules, Clavin Klein and Tommy Hilfiger being added to its retail offer, it's upbeat for the future.
There was plenty of news swirling around Monsoon Accessorize Friday as it emerged that British Land has dropped its legal challenge to its CVA and also that the fashion retailer has appointed a new digital director.
Monsoon Accessorize may have faced less opposition to its restructuring plans than some retailers so far but the situation seems to have changed with news that mall landlord British Land is trying to block its plans.