Sky News has reported that a quartet of Monsoon's landlords have launched a pre-emptive strike to an anticipated CVA. It is claimed that in a letter to Monsoon's owner, Peter Simon, the landlords of a significant number of Monsoon Accessorize's stores have demanded a shareholding in Monsoon in exchange for significant rent reductions. It is suggested that this proposal will avoid the need for a CVA. This approach is similar to the 20% stake promised by the Arcadia Group to landlords should they support a CVA next week.

As CVA's have been historically unpopular with landlords, will this change in tact become the norm going forward?