Monsoon, Accessorize owner Adena Brands swings to loss but current year sees recovery
Adena Brands, the owner of Monsoon and Accessorize, has filed its accounts for the year to the end of August and revealed a loss for the period as consumer demand weakened and it faced major wage inflation. Monsoon The company said that sales fell 11% and it made a pre-exceptional EBITDA loss of £2.4 million…