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 17/06/2013Retail Week, Tiffany Holland - Monsoon Accessorize Ireland emerges from examinership saving 200 jobs  
 
 

Monsoon Accessorize Ireland exits examinership

 
 Retail Week reports that Monsoon Accessorize’s Irish business is no longer in examinership an investment programme was approved by the High Court.
PwC examiner Declan McDonald successfully put forward an investment plan under which Monsoon Accessorize Ltd has written off debt of more than €5.6m.
It also agreed to invest further 'substantial sums' in the business to secure its long-term future.
The decision saves 11 stores but it will close three Monsoon Accessorize stores and four of its Accessorize stores will also shut.

Store closures
Monsoon Accessorize - The Whitewater Shopping Centre, Newbridge; Liffey Valley Shopping Centre, Dublin; Waterford
Accessorize - Grafton Street, Dublin; Mahon Point Shopping Centre, Cork; Jervis Centre, Dublin; The Crescent Shopping Centre, Limerick
 
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