Excitement is at an all-time high at a luxury hamper company which is predicting bumper Christmas sales and taking the crowdfunding route to fund ambitious expansion plans!
There’s a real buzz at the Lincoln-based British Hamper Company – founded by family team Mike, Liz and James Tod in 2014 – where directors are overseeing a flood of orders and masterminding a serious drive to turn their strategy for growth into the reality.
Ever since it was established seven years ago, the company has enjoyed rapid growth and the Tod family is keen to build on its amazing success by expanding into Europe and capitalising on further opportunities in the US.
Managing Director James Tod said: “Our turnover has followed an upwards trend, rising by an average 73 per cent year-on-year. We employ up to 35 people at peak periods and we are anticipating that this will be our busiest Christmas to date.
“We are enjoying phenomenal success within the UK’s £40 billion gifting sector, whilst growing our worldwide following. Now we are looking to drive turnover to £10 million by 2025. We are confident that Crowdcube, which crowd sources investment from over 300,000 investors, will supercharge our ambitions.”
The Great Northern Terrace business supports independent artisan British food producers – representing them in its range of more than 100 hampers which have proved irresistible to the corporate market and individuals alike.
“The festive rush is underway and our team has started hand picking and packing a vast range of brilliant British products to go into our box and wicker hampers. Supply chain delays and driver shortages which hit the headlines this year, encouraged us to contact our suppliers and logistics company early to ensure we could be confident about fulfilling orders and their delivery.
Meanwhile, the crowdfunding move is showing early promise in taking British Hamper’s name to many more potential customers and investors.
“Our equity crowdfunding campaign has just launched with the aim of raising £400,000. That will kickstart our future growth, which will include re-entry into Europe and further expansion into the US market.
“Individual investors, from all walks of life have an opportunity to take a share in the company at a level to suit themselves. That means our loyal community, who already buy from us, can join us in our mission to take the best of British global,” said James.
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