Monsoon landlords pile on pressure for equity stake

Monsoon's landlords are pressuring for better terms on a deal

Property owners have demanded better terms from Monsoon Accessorize owner Peter Simon as he seeks to push ahead with a CVA.

A group of six landlords – up from four originally – including British Land and Hammerson have signalled that unless Simon modifies his plans they are less likely to back his CVA.

Equity in Monsoon would be distributed among all landlords, not just those which have banded together for collective bargaining.

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