UPDATE: Monsoon holds back rescue plan

Business
UPDATE: Monsoon holds back rescue plan 7/6/19 Peter Simon, the owner of the Monsoon and Accessorize retail chains, has delayed plans for a CVA after landlords failed to back a similar plan for Arcadia. The CVA, led the by Deloitte,
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Arcadia postpones CVA vote

Business
Arcadia postpones CVA vote. 7th June 2019. Arcadia Group and its advisors at Deloitte have postponed a meeting of suppliers, landlords and other creditors voting on seven CVAs until 12 June, amid reports that landlords at Aviva, M&G and Intu
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Retail sales suffer their worst month in 24 years

Business
Retail sales suffer their worst month in 24 years. 4th June 2019. Retail sales suffer their worst month in 24 years. UK shoppers shunned the high street last month leading to sales plunging in May faster than at any time
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Luxury chocolate retailer Rococo collapses into administration

Business
Luxury chocolate retailer Rococo collapses into administration. 31st May 2019. Updated 4th June 2019. According to press association releases, Luxury chocolate brand Rococo has gone into administration. The high-end chocolatier, which has five stores in central London, will now be
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Boots to close 200 stores as High Street crisis continues.

Business
Boots to close 200 stores as High Street crisis continues. 03/06/2019. UK chemist chain Boots has announced plans for a review that could see more than 200 stores close over the next two years, as problems for high street businesses
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