The higher road retailer’s board is searching at a “range of options” to be certain its extended-phrase upcoming, including a sale, right after it closed all its suppliers in reaction to the coronavirus pandemic.
A spokesman claimed: “Monsoon and Accessorize have been buying and selling very well till the start off of March, in advance of past year and in advance of the financial approach established out at past year’s CVA. In frequent with all other vogue vendors, buying and selling has been poorly affected by the outbreak of Covid-19.”
One particular previous higher road CEO claimed: “I imagine there will be a selection of brand names in related predicaments and the fortunate types will be the types that have robust fairness and someone will see the benefit in that. Monsoon, experienced they been rocking and rolling above the earlier couple of decades, they would not have experienced to do