Former Dixons boss joins Monsoon Accessorize after shock exit from Apple
Former Dixons boss John Browett has been appointed the new Chief Executive of Monsoon Accessorize, four months after he stepped down from the helm of Apple's retail division.
Former Dixons boss John Browett has been appointed the new Chief Executive of Monsoon Accessorize, four months after he stepped down from the helm of Apple's retail division.
Browett will manage the fashion retailer's 1000-plus stores across 74 countries, including over 380 in the UK and Ireland.
It follows a surprise exit from Apple in October after just six months as the head of the tech giant's global store chain.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
He resigned from the company following a management shake-up amid reports of employee protest over his plans for changes in staffing at stores.
Browett left Dixons to join Apple and has also worked at Currys and PC World and Tesco.
Monsoon was set up in 1973 by Peter Simon, who started a stall on Portobello Road in London selling bohemian fashion inspired by his travels.
Accessorize followed in 1984, selling high-street accessories, and Monsoon Home was launched 1998.
There are now more than 240 Accessorize stores in the UK and over 800 overseas.
Browett said: "I am really looking forward to this new opportunity. Monsoon Accessorize is a great company with an impressive heritage, a fundamental commitment to sustainable development and environmental awareness and such talented designers, management and staff at every level."
RD
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
Inheritance tax pension reforms will delay payments to grieving families and the taxmanThe government is pressing ahead with plans to charge inheritance tax on pensions but there are warnings that it will be harder for executors to administer an estate and pay HMRC
-
More than a million pensioners set to be hit by tax on savings accountsA combination of higher interest rates and frozen tax thresholds is dragging more people into paying tax on their cash savings
