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.
Subscribe to 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
-
Could Labour introduce a 2% wealth tax?As the chancellor puts the final touches to next week’s Spring Statement, there are growing calls for a 2% wealth tax to be introduced. Campaigners say it would tackle economic inequality and raise billions of pounds in revenue
-
Who will miss out on the state pension triple lock?Not all pensioners have their state pensions increased each year in line with the triple lock. We explain who misses out
