Monsoon Accessorize

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Monsoon Accessorize Ltd.
High Street Retailer
Founded 1973
Founder Peter Simon
Headquarters London, United Kingdom
Products Women's Apparel, Kids Apparel, Accessories, Homeware.
Owner Peter Simon
Divisions Monsoon. Accessorize.
A Sutton, London Accessorize shop
Accessorize, Putney, London, 2015

Monsoon Accessorize is a British private limited company. It has a London registered address, and operates two international retail clothing chains - Monsoon and Accessorize[1]


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.[2][3][4][5] The first Accessorize shop opened in 1984, next door to Monsoon in Covent Garden.[5][3] In 2014 the company had about 1400 stores in 74 different countries.[2]

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.[6]

John Browett, former head of retail at Apple, became chief executive in early 2013.[2]

The company returned to profitability in the following year: in the fifty-three weeks to 31 August 2013 sales rose 4.3% to £552m and the company reported pre-tax profits of £18.1m.[7][8][2]

Monsoon was an early corporate member of the Ethical Trading Initiative.[9][10][11]

According to the company, Monsoon has only ever used humanely grown Angora wool.[5][3]


In 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.[12][13]


  1. ^ 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.
  2. ^ a b c d Graham Ruddick (7 February 2014). Monsoon back in the black as former Apple boss boosts sales. The Telegraph. Accessed January 2015.
  3. ^ a b c "Heritage". Monsoon Accessorize. Retrieved 3 May 2014. 
  4. ^ Laura Heywood (21 August 2013). "MONSOON: Latest news, analysis and comment on Monsoon". Retail Week. Retrieved 3 May 2014. 
  5. ^ a b c "Monsoon - company history". Monsoon Accessorize.  Archived 23 April 2006.
  6. ^ "Monsoon Accessorize reports "most difficult year"". Retail Gazette. Retrieved 3 May 2014. 
  7. ^ "Monsoon Accessorize turnover soars 4.3 percent in FY'13 - Fashion - Fashion-news". 7 February 2014. Retrieved 3 May 2014. 
  8. ^ "Monsoon and Accessorize founder invests in furniture retailer Loaf". 15 January 2014. Retrieved 3 May 2014. 
  9. ^ Susanne Schaller (2007). The Democratic Legitimacy of Private Governance. An Analysis of the Ethical Trading Initiative. Duisburg: Institute for Development and Peace, University of Duisburg‐Essen. INEF Report 91. ISSN 0941‐4967. p. 18.
  10. ^ "Ethical Trading". Monsoon Accessorize. Retrieved 5 May 2014. 
  11. ^ "About ETI". Ethical Trading Initiative. Retrieved 5 May 2014. 
  12. ^ "Monsoon Accessorize criticised for mandatory supplier rebate". PrintWeek. Retrieved 3 May 2014. 
  13. ^ "Monsoon faces criticism over supplier terms". 25 February 2013. Retrieved 3 May 2014. 

Media related to Accessorize at Wikimedia Commons