The magazine was founded and based in London on 15 February 2007. In September 2014, Brûlé sold a minority stake in Monocle magazine to Japanese publisher Nikkei Inc. The deal valued Monocle at about U. S. $115 million, although the size of Nikkei's investment was undisclosed. In December 2014, Monocle launched a new annual publication called The Forecast, intended to fill the gap between the Dec. /Jan. and February issues of Monocle. The Escapist, a travel-minded annual magazine, was introduced in July 2015 and focuses on in-depth reportage of 10 cities around the world.
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