Home News ‘Dragons’ Den’ Star Acknowledges Struggles as £37m Arts & Crafts Firm Faces Challenges

‘Dragons’ Den’ Star Acknowledges Struggles as £37m Arts & Crafts Firm Faces Challenges

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‘Dragons’ Den’ Star Acknowledges Struggles as £37m Arts & Crafts Firm Faces Challenges

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Sara Davies, a well-recognized face from the hit present ‘Dragons’ Den’, has opened up in regards to the hurdles her £37 million arts and crafts firm, Crafter’s Companion, has encountered in recent times.

The 39-year-old entrepreneur is candid in regards to the powerful instances her firm is enduring and her relentless efforts to navigate via them.

Crafter’s Companion, a famend model globally, ships its merchandise to over 40 nations, spanning Asia, South Africa, North and South America, Europe, and Australia. With a workforce exceeding 200 staff worldwide, the corporate has been a big participant within the arts and crafts trade.

Davies admits that her enterprise has confronted mounting challenges, significantly stemming from elevated prices post-Covid and amid Brexit uncertainties. Chatting with the Mirror, she shared, “I’m simply going to be actually trustworthy, it has been a tough couple of years.”

Regardless of the setbacks, Davies stays resolute in her dedication to steering Crafter’s Companion again to stability. She acknowledges the duty that comes together with her public profile, expressing her willpower to guide by instance. “I’ve needed to work more durable than I ever have in my life,” she affirmed.

The corporate just lately underwent a restructuring course of, with investor agency Progress Accomplice assuming the bulk shareholding. Nonetheless, Davies retains her positions as proprietor, founder, and director of the corporate, signaling her continued dedication to its success.

Addressing the challenges confronted by the corporate, a spokesperson for Crafter’s Companion emphasised confidence within the model’s future regardless of the tough buying and selling atmosphere. They highlighted ongoing monetary investments to help the corporate’s development trajectory with out passing extra prices onto customers.

Davies’ entrepreneurial journey started with the event and profitable advertising and marketing of her groundbreaking product, The Enveloper, which garnered important consideration and gross sales. Graduating with a first-class honors diploma, she already had a thriving enterprise with a turnover exceeding half one million kilos.

Davies’ contributions to the trade haven’t gone unnoticed, with quite a few enterprise accolades and an MBE from Prince William in 2016 for her companies to the financial system. Her various achievements additionally embrace a stint on the favored TV present ‘Strictly Come Dancing’ in 2021, the place she partnered with skilled dancer Aljaž Škorjanec.

Davies continues to navigate the challenges going through Crafter’s Companion and stays an emblem of perseverance amidst adversity, dedicated to steering her firm in direction of brighter horizons.



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