Monsoon Accessorize went into administration on June 10 and was immediately bought back by founder Peter Simon through a pre-pack deal.

Is monsoon going out of business?

Monsoon Accessorize, the company that owns the two clothing and accessories brands of the same names, has fallen into administration. ... Bought by Simon's new holding company Adena Brands, the Monsoon and Accessorize chains will ultimately reopen with fewer shops.

What happened monsoon clothing?

On 10 June 2020, during the COVID-19 pandemic in the United Kingdom, Monsoon Accessorize went into administration and was then bought by its founder, who planned 35 UK store closures with the loss of 545 jobs.