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26
May 2023
Business Breakfast: Harrogate beauty brand records improved profits
Martin and Gavin Rae, chief executive and chief strategy officer at CloudNine.
It’s time to join the Stray Ferret Business Club. Our next networking event is lunch at Manahatta, on June 29th at 12.30pm.
Don’t miss out on this chance to network with businesses from across the Harrogate district. Get your tickets by clicking or tapping here.
A Harrogate-based hair and beauty brand has recorded strong profit results for the last financial year.
CloudNine, which is based at Hornbeam Park, reported a turnover of £35 million and pre-tax profits of £8.6m - a 20% rise on 2021 - for the year ending December 2022.
The firm, which employs more than 60 staff at its headquarters in Harrogate, has credited its results to a combination of continued growth in the UK, significant growth in Australia and New Zealand and the strengthening of its online and in-store presence.
Martin Rae, chief executive of CloudNine, said:
“This is a very pleasing set of results which cements our position as one of the world's leading hair and beauty brands.
“We are very proud of everything we have achieved, with the ultimate aim of providing the tools to help people feel like the best version of themselves, which is what we are most passionate about.
“We are also very passionate about the environment. We launched the industry’s first hair iron recycling scheme, which has saved over 2,800kg of hair styling tools from landfill so far.”
Business networking event to be held in Boroughbridge
A networking event is set to be held for businesses in Boroughbridge.
Held at the Crown Hotel on Thursday, June 15, the session will focus on supporting local firms.
It will also include guest speakers Alison Laws, business relationships manager at York and North Yorkshire Growth Hub, and Alice Ingram, business engagement manager at West and North Yorkshire Chamber of Commerce.
The event will start at 5.30pm with refreshments and networking and will include a question and answer session.
For more information on the event, contact the Boroughbridge and District Chamber of Trade here.
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- Business Breakfast: Harrogate businesses recognised as ‘best places to work’
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