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Monsoon Accessorize, the women's fashion chain, last week became the latest in a growing list of British retailers to seek the comfort of a court-appointed examiner.

10th March, 2013
Is Coillte being run to keep Irish sawmills in business? Photo: Bloomberg

Down with upward-only rents

First a trickle, now a monsoon. Monsoon Accessorize, the women's fashion chain, last week became the latest in a growing list of British retailers to seek the comfort of a court-appointed examiner. Once again, the main purpose of the examinership process is to help the company escape the wrath of boomtime, upward-only rents. Atlantic Homecare, the DIY chain, was first out of the blocks, utilising the examinership system to repudiate a...

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