All Monsoon Accessorize articles
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NewsMonsoon Accessorize goes ‘back to origins’ as it returns to profit post-administration
Monsoon Accessorize has returned to profit, as its turnaround strategy following administration in 2020 bore fruit.
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Prospect Analysis
Customer and marketing at Monsoon Accessorize
As part of its transformation strategy, Monsoon Accessorize is aiming to take the business back to its roots and go back to the DNA of what Monsoon means to its customers.
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Prospect Analysis
Supply chain at Monsoon Accessorize
Enhancing stock management has been identified as a key area for improvement. The aim is to maximise selling opportunities by keeping stock live for distribution and minimising the amount of stock sitting in stockrooms.
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Prospect Analysis
Stores at Monsoon Accessorize
The store network has been reduced significantly following its CVA and spell in administration. But with 150 stores in early 2022, the business is expanding again, including the rollout of a new boutique store concept.
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Prospect Analysis
Monsoon Accessorize (Strategy)
Following a CVA in 2019 and a spell in administration in 2020, Monsoon Accessorize is undergoing a turnaround programme to take the business back to its roots.
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Prospect Analysis
Monsoon Accessorize (Financials)
Total sales at Adena Brands, which bought the business in a pre-pack administration deal in June 2020, came in at £199.8m for the 17-month period to 28 August 2021 (FY2021), with the business firmly back in the black following restructuring.
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Prospect Analysis
Ecommerce at Monsoon Accessorize
The relaunch of the websites at the end of 2020 formed a key part of the retailer’s turnaround plans under new ownership.
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Prospect Analysis
Technology strategy at Monsoon Accessorize
The IT strategy at Monsoon Accessorize was developed in close conjunction with the ecommerce strategy. The retailer has been focused largely on adapting to a multichannel environment, while also reshaping its store operations both at home and overseas.
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Prospect Analysis
Monsoon Accessorize (People)
COO Nick Stowe took on the role of CEO in August 2020, a year or so after former boss Paul Allen left the business, and has been focusing on building up the product and brand teams.
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Prospect Analysis
Monsoon Accessorize (SWOT)
Remaining committed to its ethical ideals has put the group in a strong position as CSR has increased in importance and gives the retailer a good story to tell on social media and in content-led marketing campaigns. The current turnaround programme is focused on returning the business to its roots.
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Prospect Analysis
Monsoon Accessorize (Overview)
Monsoon is a womenswear and kidswear retailer which trades under the Monsoon and Accessorize brands and has been undergoing a transformation programme to take the business back to its roots after a prolonged period of underperformance.
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Analysis
Arrivals and departures – how WHSmith, Dixons and Monsoon see direction of travel retail
As restrictions ease across the world, Dixons, WHSmith and Monsoon are taking differing approaches to prepare for the return of travel
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Prospect Analysis
Monsoon Accessorize (Outlook)
Having used its CVA and subsequent stint in administration to shutter underperforming stores and switch to turnover-based rents in a number of locations, the retailer has been reduced to a potentially profitable core.
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Analysis
Back from the brink – what’s next for retail’s Covid casualties?
The past few months have had a devastating impact on UK retail and swathes of chains have collapsed, but there is light at the end of the tunnel for some of these businesses. Retail Week takes a look at what the future holds for retail’s Covid casualties.
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Opinion
Opinion: Monsoon and Quiz pre-packs punish staff for management mistakes
The pre-pack administrations unveiled by Monsoon Accessorize and Quiz this morning were certainly portrayed as good news for the businesses and their respective workforces.
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News
Monsoon and Accessorize bought out of administration by founder
Peter Simon has bought Monsoon and Accessorize out of administration with cash from a new holding company in a bid to “rescue a significant number of stores”.
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News
Monsoon Accessorize teeters on brink putting 3,500 jobs at risk
Monsoon Accessorize is on the brink of becoming the latest retailer to tumble into administration amid the coronavirus crisis, putting 3,500 jobs at risk.
