Multichannel retailers named as winners of Queen’s Award for Enterprise


Regatta, Duo and Electrocomponents are among the catalogue and
online retailers named as winners of the Queen’s Award for
Enterprise: International Trade 2012. One of the UK’s most
prestigious accolades for business performance in the UK and
overseas, winners were announced on 21st April-the Queen’s
birthday.

Outdoor apparel specialist Regatta received the award in
acknowledgement of its Regatta and Dare 2b brands. Regatta
exports to more than 45 countries worldwide, accounting for over
40 percent of turnover. It has dedicated sales offices in Eire,
France, Belgium, Germany, Holland, Spain, Poland, Italy, Finland,
Czech Republic and Israel and is expanding into Russia and the
US.

Footwear retailer Duo was named as a winner of the international
trade award in recognition of its international business. In the
last three years, Duo has sent footwear to customers in 132
countries and currently offers free delivery worldwide.

Also on the list was Electrocomponents, which since 2006, has
successfully expanded into 10 new overseas markets, most notably
within Eastern Europe and South East Asia. Over the last five
years the company’s international business has achieved average
annual sales growth at around double the rate of average annual
global GDP growth. Its international sales have grown from
£474.9 million ($770 million) to £825.9 million ($1.34
billion) between the financial years ended March 2006 and March
2011 respectively, and now account for 70 percent of its total
revenues.

Educational supplies supplier TTS Group, cosmetics brand Ren and
fashion brand Hackett also made the list.

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