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From 2001 the firm was headquartered in an art deco-style, grade II-listed building in Paddington Basin, London, known locally as the Battleship because of its shape. It was designed by Paul Hamilton in 1969 for British Rail; Simon family interests purchased the property in a related party transaction.<ref>{{Cite web|url=http://www.independent.co.uk/news/business/news/monsoon-founder-to-build-16330m-hq-on-land-he-owns-6103189.html|title=Monsoon founder to build £30m HQ on land he owns|date=2006-04-21|website=The Independent|language=en|access-date=2019-03-19}}</ref>
From 2001 the firm was headquartered in an art deco-style, grade II-listed building in Paddington Basin, London, known locally as the Battleship because of its shape. It was designed by Paul Hamilton in 1969 for British Rail; Simon family interests purchased the property in a related party transaction.<ref>{{Cite web|url=http://www.independent.co.uk/news/business/news/monsoon-founder-to-build-16330m-hq-on-land-he-owns-6103189.html|title=Monsoon founder to build £30m HQ on land he owns|date=2006-04-21|website=The Independent|language=en|access-date=2019-03-19}}</ref>


== Operations ==
==Financial performance==
Monsoon is a London-registered [[private limited company]]. The business operates through a network of franchises, joint ventures, and subsidiaries.<ref name=":4" />


Under Allen, the firm is consolidating its global store portfolio, closing 141 stores from 2016 onwards and withdrawing from some international markets, including Singapore, South Korea and Venezuela.<ref name=":3">{{Cite web|url=https://www.retail-week.com/fashion/monsoon-boss-paul-allens-plan-for-clearer-skies/7020931.article|title=Monsoon boss Paul Allen's plan for clearer skies|last=Waller-Davies2017-05-15T16:23:00|first=Becky|website=Retail Week|language=en|access-date=2019-03-14}}</ref> Allen has reinstated separate fasciae for the Monsoon and Accessorize brands, reversing Browett's strategy of combining the two into a single store.<ref name=":3" /> The firm is also seeking to open more kiosk-style outlets in public transit stations and concessions within department stores.<ref>{{Cite web|url=http://www.cityam.com/241130/monsoon-boss-rakes-in-269m-in-dividends-despite-tumbling-sales-|title=Monsoon boss bags £27m dividend despite tumbling sales|last=Sands|first=Mark|date=2016-05-15|website=www.cityam.com|language=en|access-date=2019-03-14}}</ref><ref>{{Cite news|url=https://www.telegraph.co.uk/business/2016/08/20/monsoon-owner-vows-no-dividends-as-shops-shut/|title=Monsoon owner vows no dividends as shops shut|last=Armstrong|first=Ashley|date=2016-08-20|work=The Telegraph|access-date=2019-03-14|language=en-GB|issn=0307-1235}}</ref>
In 2007 Monsoon was described as "struggling".{{r|guard2}}


The company's "''Z for..."'' jewellery range is designed by Zara Simon.<ref>{{Cite web|url=http://wearandwhere.co.uk/style-file-zara-simon-jewellery-designer-and-creator-of-the-z-for-accessorize-collection/|title=Style File: Zara Simon, jewellery designer and creator of the Z for Accessorize collection|date=2015-11-27|website=Wear & Where|language=en-US|access-date=2019-03-14}}</ref>
In the financial year to 25 August 2012 the company made an operating loss of £4m, compared to an operating profit of £60.1m in the previous year; group sales fell to £529 million.<ref name="retailgazette1">{{cite web|url=http://www.retailgazette.co.uk/articles/43003-monsoon-acessorize-ebitda-plummets-in-most-difficult-year |title=Monsoon Accessorize reports "most difficult year" |publisher=Retail Gazette |date= |accessdate=3 May 2014}}</ref>


In 2009 the company moved to a building designed by [[Allford Hall Monaghan Morris]] in Notting Dale.{{r|arch}} The company's collection of some 300 works of modern and contemporary art is housed there.{{r|nyt|artnews}} The building is part of Notting Hill Village, a 500,000 sq.ft. family-funded mixed-use development in Notting Hill.<ref>{{Cite news|url=https://www.nytimes.com/2008/11/26/style/26iht-luxury08-Simon.18178184.html|title=Peter Simon, founder and director, Monsoon and Accessorize|date=2008-11-26|work=The New York Times|access-date=2019-03-13|language=en-US|issn=0362-4331}}</ref> The firm's head office is located close to the site of the [[Grenfell Tower fire|Grenfell Tower]] fire; the firm was a match-funder for the [[The Big Give|Big Give]]'s Grenfell fundraiser<ref>{{Cite web|url=https://www.charitytoday.co.uk/grenfell-match-funding-appeal-raises-2-6m/|title=Grenfell match funding appeal raises £2.6m|last=Today|first=Charity|date=2017-09-07|website=Charity Today News|language=en-GB|access-date=2019-03-14}}</ref>
The company returned to profitability in the following year: in the year to 31 August 2013 sales rose 4.3% to £552m and the company reported [[pre-tax profit]]s of £18.1m.<ref>{{cite web|url=http://www.fashionunited.co.uk/fashion-news/fashion/monsoon-accessorize-turnover-soars-43-percent-in-fy13-2014020720000 |title=Monsoon Accessorize turnover soars 4.3 percent in FY'13 - Fashion - Fashion-news |publisher=Fashionunited.co.uk |date=7 February 2014 |accessdate=3 May 2014}}</ref><ref>{{cite web|url=http://www.growthbusiness.co.uk/news-and-market-deals/fundraising-deals/2451062/monsoon-and-accessorize-founder-invests-in-furniture-retailer-loaf.thtml |title=Monsoon and Accessorize founder invests in furniture retailer Loaf |publisher=Growthbusiness.co.uk |date=15 January 2014 |accessdate=3 May 2014}}</ref>{{r|telegraph1}}

Monsoon has sued rival retailers, including [[Primark]], for copyright infringement on its designs.<ref>{{Cite web|url=https://www.ft.com/content/93474f48-b01b-11d9-ab98-00000e2511c8|title=Monsoon sues Primark over alleged copying|last=Killgren|first=Lucy|date=18 April 2005|website=Financial Times|language=en-GB|archive-url=|archive-date=|dead-url=|access-date=2019-03-13}}</ref>

Monsoon fashion campaigns have been fronted by [[Yasmin Le Bon]], [[Helena Christensen]], [[Sophie Dahl]], [[Poppy Delevingne]], [[Elizabeth Hurley]], [[Jodie Kidd]], and [[Kate Upton]].


In the financial year to 30 August 2014, group sales fell almost 8% to £509 million, and pre-tax profits were £50m; the company announced that stores would be closed and costs cut.{{r|guard3}}


==References==
==References==

Revision as of 10:27, 26 May 2019

Monsoon Accessorize Ltd.
Company typePrivate limited company
IndustryRetailing
FoundedKnightsbridge, 1973
FounderPeter Simon
Headquarters,
Area served
Global
Key people
Paul Allen CEO Peter Simon Executive Chairman
ProductsClothing, fashion accessories, homeware
RevenueIncrease£424m (2017)[1]
OwnerSimon family trusts
DivisionsMonsoon Accessorize
Websitewww.monsoon.co.uk

www.accessorize.com

www.monsoontrust.org
Monsoon Accessorize, Oxford Street, London, 2016
Accessorize store in Piacenza, Italy

Monsoon Accessorize is an international fashion retailer operating under the separate brands of Monsoon and Accessorize.[2] In 2018 the company operated approximately 650 stores in 50 countries alongside a further 268 stores in the UK.[3][4]

The company takes its name from its founder Peter Simon, who was born in Sri Lanka during a monsoon.[5] The Monsoon brand first came to prominence in the 1970s and is best known for its ethnic-inspired clothing. Accessorize launched in 1984, selling fashion accessories such as jewellery and bags.

Former employees of the firm include British designers Rifat Ozbek, Julien MacDonald, Matthew Williamson and Betty Jackson.[6]

Simon is one of Britain's richest retail entrepreneurs, with an estimated personal fortune of £480m.[7]

The firm is a founder member of the Ethical Trading Initiative. The firm donates some of its profits to the Monsoon Trust, a registered charity set up by Simon; the Trust supports underprivileged women and children who work in Monsoon's Asian supply chain.

History

1973-1997

Monsoon was started in London in 1973 by Simon, following his experience on the 1970s hippie trail.

Simon was drawn to the colours and block-printed textiles worn by locals he met on an overland drive from London to Rajasthan, Turkey, Iran and Afghanistan. Using a £1000 overdraft and capitalising on the 1970s fashion for ethnic clothing, Simon began importing kaftans and raj-style clothing to London, selling from a market stall in Portobello Market.[8] The range included a "shoat coat" made from the wool of a goat crossed with a sheep (“shoat”); Simon discovered the material on a trip to the Maltese island of Gozo.[9] He sold the coats through Harrods and other premium outlets, in addition to his market stall.[10][11]

Simon opened the first Monsoon shop in Beauchamp Place in May 1973.[8][12][13] Early customers included Queen Sofía of Spain and Begum Khan. The shop's staff would inform Simon of visits by notable customers, leading to his first meeting and subsequent relationship with the actress Jayne Seymour, who had recently finished filming the role of Solitaire in the James Bond film Live and Let Die. Simon invited Seymour to Udaipur to shoot an ad campaign; he would later describe the campaign's Indian imagery as "...the start of the business."[8]

In the mid-1970s the business shifted its business model from imports to production, beginning with Indian-style clothes in handblock prints, sold through retailers such as Liberty, Harrods and Miss Selfridge.[14]

The first Accessorize shop opened in 1984, next door to Monsoon in Covent Garden.[13] A second store opened two years later on London’s Carnaby Street. The first international Monsoon store opened in 1992.

In 1994 Simon set up the Monsoon Accessorize Trust, a registered charity to help under-privileged women and children in Asia.

Monsoon opened its first store in Ireland in September 1995. It was the chain’s 88th store and its 10th outside Britain.[15]

1998-2007

Following 12 successive years of profit growth, the company was listed on the Stock Exchange in 1998 at a valuation of £352m and a placing price of £88.3m. Simon made £85 million from the float.[16] He kept 74.6% of shares in private ownership, stating that his only reason for the flotation was to motivate staff with share-based rewards.[17] The flotation price gave the shares a forward p/e ratio of approx 18. At the time of the flotation the group operated 282 shops in the UK and 28 overseas.[18]

The company expanded its range to include children's wear and contemporary fashion pieces for 30+ adults, alongside its more traditional ethnic-oriented offer.[10] 1999 saw a drop in profits alongside the launch of Monsoon Home, but by the early 2000s trading had improved and the group largely beat the City’s forecast over the next five years.[19]

In 2000 Monsoon expanded into the United States and Saudi Arabia, while Accessorize expanded into Turkey, South Africa and Japan. Pre-tax profits rose 13% to £23m for the year.[20] In 2003 the shares fell after a profits warning, adding to Simon’s disenchantment with the City and with running a public company.[21] That year pre-tax profits had grown 9pc to £17.7m, from 277 stores in the UK and 90 overseas.[22][23][24] In November 2003, two Simon family investment vehicles moved to de-list the company from the FTSE and re-list on AIM, which brought the business under greater family control and with fewer reporting requirements. The structure of the deal was approved by the Takeover Panel but was criticised by minority shareholders, who wanted Simon to pay a premium for increasing his shareholding.

Significant expansion followed in the two years after moving to AIM, including a rise in pre-tax profits of 32% and the purchase of 47 Etam stores in 2005. Total turnover in the year to 2005 increased from £271.4m to £363.7m, with pre-tax profit rising by 20 per cent to £53.1m.[25]

2006 saw the international arm of the business outperform the UK business for first time. International sales helped to increase turnover by 33% to £485m, while the UK business required debt funding for the first time in its history, owing to difficulties in assimilating the 47 Etam stores purchased the previous year. By the end of the year the firm had 402 stores in the UK and Ireland and 400 international stores.[26][27]

After describing Monsoon's public listing as his “...biggest mistake”, in 2007 Simon paid £185 million for the shares needed to take the business off AIM and fully private again. His 424p per share offer was a 4% premium to the previous closing price. The deal bought out the 11% stake held by US hedge fund Polygon.[28] At the time of going private, the firm operated 858 stores, including 453 outside the UK.[29][30][31][32][33][34]

In 2007 Monsoon received the Queen's Award for International Trade.[35]

2008-present

In the first year of trading after de-listing, turnover increased by 5.3% to £710m, while operating profits grew 12% to £68m. The company opened 109 international stores and launched in six new countries; trading in UK stores remained flat. In 2010, the company announced its international trading had driven an eight-fold increase in profits, while operating from 575 international stores in 50 market. That year saw expansion into China, Hong Kong and preparing to open in North America and Latin America.[36][37]

In the year to August 2010 pre-tax profits tripled to £98.2m, from £27.9m in 2009, with most of the revenue and sales growth coming from international operations. 2011 saw a brand revamp that invoked the firm’s traditional ethnic clothing.[38]

In 2012 the firm announced that it had become debt-free, after Simon settled a £200m loan taken out to pay for 2007’s privatisation.[39] In the financial year to 25 August 2012 the company made an operating loss of £4m, compared to an operating profit of £60.1m in the previous year; group sales fell to £529 million.[40] From early 2013 to February 2015, John Browett, former head of retail at Apple, was chief executive of the company.[41][42] He was succeeded by Paul Allen.[42] In February 2013 the Forum of Private Business criticised Monsoon for requiring all new suppliers to give a blanket rebate of up to 4% on all invoices as well as a further charge of up to 10% for early payment.[43][44] The company returned to profitability in the following year: in the year to 31 August 2013 sales rose 4.3% to £552m and the company reported pre-tax profits of £18.1m.[45][46][41] In the financial year to 30 August 2014, group sales fell almost 8% to £509 million, and pre-tax profits were £50m; the company announced that stores would be closed and costs cut.[47]

In October 2015 Monsoon was fined £28,000 for failing to correctly calculate a deduction made from staff wages in respect of their clothing allowance, such that those staff were mistakenly paid less than the national minimum wage.[48][49]

In 2016 the company reported net cash of £50m and no debt.[50] In the year to August 2017 the company reported a rise in online turnover but a reduction in footfall in UK stores, with sales of £424m and a reduction in pre-tax losses to £10.4m. Ebitda rose 18% to £23.9 million.[51]

From 2001 the firm was headquartered in an art deco-style, grade II-listed building in Paddington Basin, London, known locally as the Battleship because of its shape. It was designed by Paul Hamilton in 1969 for British Rail; Simon family interests purchased the property in a related party transaction.[52]

Operations

Monsoon is a London-registered private limited company. The business operates through a network of franchises, joint ventures, and subsidiaries.[3]

Under Allen, the firm is consolidating its global store portfolio, closing 141 stores from 2016 onwards and withdrawing from some international markets, including Singapore, South Korea and Venezuela.[53] Allen has reinstated separate fasciae for the Monsoon and Accessorize brands, reversing Browett's strategy of combining the two into a single store.[53] The firm is also seeking to open more kiosk-style outlets in public transit stations and concessions within department stores.[54][55]

The company's "Z for..." jewellery range is designed by Zara Simon.[56]

In 2009 the company moved to a building designed by Allford Hall Monaghan Morris in Notting Dale.[57] The company's collection of some 300 works of modern and contemporary art is housed there.[58][59] The building is part of Notting Hill Village, a 500,000 sq.ft. family-funded mixed-use development in Notting Hill.[60] The firm's head office is located close to the site of the Grenfell Tower fire; the firm was a match-funder for the Big Give's Grenfell fundraiser[61]

Monsoon has sued rival retailers, including Primark, for copyright infringement on its designs.[62]

Monsoon fashion campaigns have been fronted by Yasmin Le Bon, Helena Christensen, Sophie Dahl, Poppy Delevingne, Elizabeth Hurley, Jodie Kidd, and Kate Upton.


References

  1. ^ Halliday, FashionNetwork com,Sandra. "Monsoon cuts losses but profits stay elusive". FashionNetwork.com. Retrieved 13 March 2019.{{cite web}}: CS1 maint: multiple names: authors list (link)
  2. ^ Company Details: 01098034, Monsoon Accessorize Limited. Companies House. Accessed January 2015. NB: either the company name or the company number must be manually inserted in the relevant search field.
  3. ^ a b "How Monsoon oversees international store operations | Concrete". www.concreteplatform.com. Retrieved 14 March 2019.
  4. ^ Nazir, Sahar (4 February 2019). "Monsoon Accessorize calls for rent cuts amid shop closures". Retail Gazette. Retrieved 14 March 2019.
  5. ^ "Second-attempt at float to value Monsoon's founder at pounds 300m". The Independent. 17 December 1997. Retrieved 11 March 2019.
  6. ^ Lee, Matilda (30 November 2007). Eco Chic: The savvy shopper's guide to ethical fashion. Octopus. ISBN 9781856753272.
  7. ^ Arlidge, John (6 May 2018). "The UK's richest people in fashion 2018". ISSN 0140-0460. Retrieved 14 March 2019.
  8. ^ a b c Mills, Eleanor (6 January 2013). "Many hippie returns". The Sunday Times. ISSN 0956-1382. Retrieved 11 March 2019.
  9. ^ King, Ian (13 June 1996). "Shoats, coats and floats". Guardian.co.uk. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  10. ^ a b Finch, Julia (17 December 1997). "From Portobello Road to £90m flotation: Monsoon debut due". The Guardian. Infotrac Custom Newspapers. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  11. ^ "Evening Herald (Dublin) - Wednesday 06 September 1995". www.britishnewspaperarchive.co.uk. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  12. ^ Laura Heywood (21 August 2013). "MONSOON: Latest news, analysis and comment on Monsoon". Retail Week. Retrieved 3 May 2014.
  13. ^ a b "Monsoon - company history". Monsoon Accessorize. Archived from the original on 23 April 2006. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help) Archived 23 April 2006.
  14. ^ "Evening Herald (Dublin) - Wednesday 06 September 1995". www.britishnewspaperarchive.co.uk. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  15. ^ "Irish Independent - Wednesday 06 September 1995". www.britishnewspaperarchive.co.uk. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  16. ^ "Monsoon. (1998, Feb 28). The Guardian (1959-2003)". login.ezproxy2.londonlibrary.co.uk. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  17. ^ "BBC News | Business | Monsoon floating with £352m price tag". news.bbc.co.uk. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  18. ^ "Monsoon comes to market at second attempt". The Independent. 6 February 1998. Retrieved 13 March 2019.
  19. ^ Killgren, Lucy. "Troubled waters divide Monsoon and City". FT.com. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  20. ^ Macalister, Terry (1 August 2000). "Monsoon launches in US". The Guardian. ISSN 0261-3077. Retrieved 13 March 2019.
  21. ^ "Unorthodox style serves Monsoon well". Financial Times. 28 September 2007. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  22. ^ Keers, Helena (14 January 2003). "Sales dry up for Monsoon as climate worsens". ISSN 0307-1235. Retrieved 13 March 2019.
  23. ^ Keers, Helena (2 July 2003). "Monsoon family fashions higher stake". ISSN 0307-1235. Retrieved 13 March 2019.
  24. ^ Boyles, Alexander (17 September 2003). "French Connection wilts in British summer". The Guardian. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  25. ^ "Monsoon bucks high street trend". Financial Times. 25 July 2005. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  26. ^ Eion Callan (24 July 2006). "Monsoon chairman plans demerger". Financial Times. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  27. ^ Correspondent, Telegraph (26 January 2007). "Monsoon blown off course by internet". ISSN 0307-1235. Retrieved 13 March 2019. {{cite news}}: |last= has generic name (help)
  28. ^ Fletcher, Richard (23 November 2003). "Monsoon activist owns just one share". ISSN 0307-1235. Retrieved 15 March 2019.
  29. ^ "Monsoon man with the midas touch". The Sunday Times. 6 March 2005. ISSN 0956-1382. Retrieved 13 March 2019.
  30. ^ Kollewe, Julia (28 September 2007). "Monsoon founder wins fight to go private". The Guardian. ISSN 0261-3077. Retrieved 13 March 2019.
  31. ^ Kollewe, Julia (28 September 2007). "Monsoon founder wins fight to go private". The Guardian. ISSN 0261-3077. Retrieved 13 March 2019.
  32. ^ Dickson, Martin (17 January 2005). "Never mind the bollocks - here's Peter Simon". Financial Times. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  33. ^ Killgren, Lucy (28 September 2007). "Simon offers to take Monsoon private". Financial Times. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  34. ^ Keers, Helena (2 July 2003). "Monsoon family fashions higher stake". ISSN 0307-1235. Retrieved 13 March 2019.
  35. ^ "Royal honour for cancer company". 21 April 2007. Retrieved 14 March 2019.
  36. ^ FashionUnited (23 March 2010). "Monsoon beats recession". fashionunited.uk. Retrieved 13 March 2019.
  37. ^ "Lai See". South China Morning Post. 2010. Retrieved 19 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  38. ^ Faulkner, Ruth. "Monsoon pre-tax profits triple". Drapers. Retrieved 13 March 2019.
  39. ^ Faulkner, Ruth. "Monsoon pays founder £30m in dividends". Drapers. Retrieved 13 March 2019.
  40. ^ "Monsoon Accessorize reports "most difficult year"". Retail Gazette. Retrieved 3 May 2014.
  41. ^ a b Graham Ruddick (7 February 2014). Monsoon back in the black as former Apple boss boosts sales. The Telegraph. Accessed January 2015.
  42. ^ a b Sarah Butler (18 February 2015). Monsoon chief executive John Browett to step down. The Guardian. Accessed March 2016.
  43. ^ "Monsoon Accessorize criticised for mandatory supplier rebate". PrintWeek. Retrieved 3 May 2014.
  44. ^ "Monsoon faces criticism over supplier terms". Just-style.com. 25 February 2013. Retrieved 3 May 2014.
  45. ^ "Monsoon Accessorize turnover soars 4.3 percent in FY'13 - Fashion - Fashion-news". Fashionunited.co.uk. 7 February 2014. Retrieved 3 May 2014.
  46. ^ "Monsoon and Accessorize founder invests in furniture retailer Loaf". Growthbusiness.co.uk. 15 January 2014. Retrieved 3 May 2014.
  47. ^ Sarah Butler (8 May 2015). Monsoon to close stores and cut costs as profits slip. The Guardian. Accessed March 2016.
  48. ^ Monsoon Accessorize tops minimum wage list of shame. BBC. Accessed October 2015.
  49. ^ Sarah Butler (23 October 2015). Monsoon named and shamed for not paying staff minimum wage. The Guardian. Accessed October 2015.
  50. ^ Armstrong, Ashley (20 August 2016). "Monsoon owner vows no dividends as shops shut". The Telegraph. ISSN 0307-1235. Retrieved 14 March 2019.
  51. ^ Halliday, FashionNetwork com,Sandra. "Monsoon cuts losses but profits stay elusive". FashionNetwork.com. Retrieved 13 March 2019.{{cite web}}: CS1 maint: multiple names: authors list (link)
  52. ^ "Monsoon founder to build £30m HQ on land he owns". The Independent. 21 April 2006. Retrieved 19 March 2019.
  53. ^ a b Waller-Davies2017-05-15T16:23:00, Becky. "Monsoon boss Paul Allen's plan for clearer skies". Retail Week. Retrieved 14 March 2019.{{cite web}}: CS1 maint: numeric names: authors list (link)
  54. ^ Sands, Mark (15 May 2016). "Monsoon boss bags £27m dividend despite tumbling sales". www.cityam.com. Retrieved 14 March 2019.
  55. ^ Armstrong, Ashley (20 August 2016). "Monsoon owner vows no dividends as shops shut". The Telegraph. ISSN 0307-1235. Retrieved 14 March 2019.
  56. ^ "Style File: Zara Simon, jewellery designer and creator of the Z for Accessorize collection". Wear & Where. 27 November 2015. Retrieved 14 March 2019.
  57. ^ Mike Stiff (5 February 2009). Allford Hall Monaghan Morris: Yellow, White and Studio Buildings, Notting Dale Village, London.' 'Architecture Today 198: 54. Accessed March 2016.
  58. ^ [s.n.] (26 October 2008). Peter Simon, founder and director, Monsoon and Accessorize. The New York Times. Accessed March 2016.
  59. ^ [s.n.] ([s.d.]) Top 200 Collectors: Peter Simon. artnews.com. Accessed March 2016.
  60. ^ "Peter Simon, founder and director, Monsoon and Accessorize". The New York Times. 26 November 2008. ISSN 0362-4331. Retrieved 13 March 2019.
  61. ^ Today, Charity (7 September 2017). "Grenfell match funding appeal raises £2.6m". Charity Today News. Retrieved 14 March 2019.
  62. ^ Killgren, Lucy (18 April 2005). "Monsoon sues Primark over alleged copying". Financial Times. Retrieved 13 March 2019. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)

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