Stoke on Trent headquartered tableware business Portmeirion is recovering after a period of difficult trading and this saw its sales edging up by 3 per cent to £23.8 million for the first six months. It, like many others reliant on Chinese manufacture, had been impacted by the EU’s anti-dumping duties on Chinese-made tableware last year which saw duties rise and margins erode. The company has increased its prices to offset the duty impact, as well as moved some production within China to factories with lower duty rates, and begun to source some product from other countries. Portmeirion launched a US website in the second half of last year and sales revenues, whilst still relatively small, are growing, as too are the sales from its UK site which contributed £500,000 in the first half.
Share