Turnover soars at Love Island sponsor

Turnover soars at Love Island sponsor
Turnover soars at Love Island sponsor

Martin and Gavin RaeTurnover has grown by greater than a 3rd at a Harrogate-based hair and sweetness model that sponsors Love Island.

Cloud 9 reported turnover of £35.7m for the yr ending December 2021, up from £26.4m, with an working revenue up 39 per cent to £9.9m.

The corporate, which employs greater than 60 workers at its Harrogate headquarters, put the efficiency all the way down to a mixture of continued progress in its dwelling market, important progress in Australia, a string of latest product launches, and world publicity as a consequence of its sponsorship of ITV2 actuality present, Love Island.

Chief government Martin Rae, who launched the enterprise along with his brother, Gavin, in 2009, stated: “It is a very pleasing set of outcomes, which cements our place as one of many world’s main sellers of hair styling and sweetness merchandise.

“Our Australian enterprise, which grew by over 100 per cent on the earlier yr, plus the launch of a number of new merchandise, together with our Cordless Iron Professional and premium assortment, has lifted our turnover and profitability.

“Over the previous couple of years our on-line progress has been large, and this stays a significant focus space of our enterprise at this time.

“Throughout the Covid-19 pandemic, our gross sales rose as a result of folks nonetheless needed to appear and feel good. We offer the instruments to assist folks really feel like the perfect model of themselves, which is what we’re most keen about.”

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