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Monsoon Accessorize
Monsoon Accessorize is a British private limited company. It operates two international retail clothing chains – Monsoon and Accessorize.
In 2018, the company reported 181 stores in the UK and 19 in Italy.
Monsoon was started in London in 1973 by Peter Simon, a market-stall trader, and opened its first shop in Beauchamp Place in May of that year. The first Accessorize shop opened in 1984, next door to Monsoon in Covent Garden.
In 1994, a registered charity, the Monsoon Accessorize Trust, was set up to help under-privileged women and children in Asia.
The company was listed on the Stock Exchange in 1998. In 2007, Simon paid £185 million to take it private again.
In 2009, the company moved to a building designed by Allford Hall Monaghan Morris in Notting Dale. The company's collection of some 300 works of modern and contemporary art is housed there.
From early 2013 to February 2015, John Browett, former head of retail at Apple, was chief executive of the company. He was succeeded by Paul Allen, who served until August 2019, when Peter Simon and COO Nick Stowe jointly assumed the CEO role.
In the 12 months to August 2018, the company operated 181 stores in the UK. Filed accounts showed turnover of £296m, of which £62m came from overseas stores. The firm recorded a post-tax loss of £22.5m for the year.
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Monsoon Accessorize
Monsoon Accessorize is a British private limited company. It operates two international retail clothing chains – Monsoon and Accessorize.
In 2018, the company reported 181 stores in the UK and 19 in Italy.
Monsoon was started in London in 1973 by Peter Simon, a market-stall trader, and opened its first shop in Beauchamp Place in May of that year. The first Accessorize shop opened in 1984, next door to Monsoon in Covent Garden.
In 1994, a registered charity, the Monsoon Accessorize Trust, was set up to help under-privileged women and children in Asia.
The company was listed on the Stock Exchange in 1998. In 2007, Simon paid £185 million to take it private again.
In 2009, the company moved to a building designed by Allford Hall Monaghan Morris in Notting Dale. The company's collection of some 300 works of modern and contemporary art is housed there.
From early 2013 to February 2015, John Browett, former head of retail at Apple, was chief executive of the company. He was succeeded by Paul Allen, who served until August 2019, when Peter Simon and COO Nick Stowe jointly assumed the CEO role.
In the 12 months to August 2018, the company operated 181 stores in the UK. Filed accounts showed turnover of £296m, of which £62m came from overseas stores. The firm recorded a post-tax loss of £22.5m for the year.