All Monsoon Accessorize articles
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GalleryStore gallery: Monsoon ‘goes back to its birthplace’ with 50th anniversary pop-up
Monsoon has opened the doors to its new London pop-up store on Portobello Road, celebrating the fashion retailer’s 50th anniversary “right where the brand’s story began”.
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News
Monsoon to open first childrenswear boutique
Monsoon will open its first childrenswear boutique in Westfield, Stratford City, as it fulfils plans to open new stores in 2023.
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News
Monsoon eyes new store openings as profitability recovers
Womenswear retailer Monsoon is bucking the gloom hanging over retail with plans to open new stores in 2023 after returning to profitability this year.
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News
Monsoon 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
Monsoon Accessorize (Financials)
Driven by an improved clothing and accessories market as lockdown restrictions were lifted and the restructuring programme continued to pay off, sales at Adena Brands (comprising Monsoon, Accessorize and East) surged 42% to £240.7m in the year to August 27 2022 against a 12-month comparable period (£169.5m).
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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. Monsoon and Accessorize are part of Adena Brands Ltd alongside East.
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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 154 stores in early 2023, the business is expanding again, including the rollout of a new boutique store concept.
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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
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
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 (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. Monsoon and Accessorize form part of Adena Group alongside online fashion retailer East.
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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
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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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 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.
