Accessorize

It was founded in Beauchamp Place,[1][2] Knightsbridge, London in 1973,[1][2][3][2][3][4] by Peter Simon.[2][3][4]

Accessorize evolved in the early 1980s as an a novelty fashion accessories in an adjoining shop to the Monsoon, Covent Garden Piazza branch.[5][5] [6][6]

Monsoon Accessorize went into negative fiscal growth in 2013 what founder Peter Simon described as the “most difficult time” in the retailer’s 40-year history as it announced a 12 per cent decline in group sales to £529 million over that full financial year.[7][8]

In the UK and Republic of Ireland sales had dropped 10%. The firm's international sales, excluding Russia, dropped 21% to £16.8 million.[7]

Total corporate sales had risen by 4.3% to £552m in the financial year up to 31 August 2014, so driving the group from a pre-tax loss of £2.4m in 2012 to a pre-tax profit of £18.1m in 2014.

 

 

 

 

 

 

 





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