Cloud Nine's new premises
Harrogate-based hairdressing tool brand Cloud Nine has expanded into new premises with support of a six-figure funding package from HSBC.
The business, which was established in 2009, manufactures a range of hairdressing tools and has seen rapid growth in more than 24 countries over the last nine years. The brand is synonymous with creating innovative luxury products, such as its Touch Iron and O Rollers, which are stocked in leading retailers including John Lewis and Harvey Nichols.
Cloud Nine has also appeared at fashion shows around the world in collaboration with designers such as Charlotte Olympia, Anya Hindmarch and Emilio de la Morena.
After enjoying increasing demand, the business chose to expand into a larger warehouse facility in Hornbeam Park, Harrogate. The new 18,000 sq ft premises provides the business with 150% greater stock capacity and improves warehouse efficiency.
Cloud Nine expects to create up to five jobs and increase turnover by 25% in the next 12 months as a result of the expansion.
Cloud Nine has also taken steps to expand its European operations in Italy and Spain with the backing of trade finance from HSBC. This expansion is expected to increase turnover by €10m over the next three years.
Martin Rae, managing director of Cloud Nine, said: “It’s a very exciting time for the company and the move to a larger premises reflects that. We’ve been really pleased to see our creativity in product design continue to make an impression across the industry. The new Harrogate facility will allow us to bring even more quality products to both stylists and customers alike.”
Anthony Wild, relationship director for West & South Yorkshire at HSBC, added: “Cloud Nine is a fantastic example of a global brand based in Yorkshire. They’ve quickly built a highly reputable range of products and have been recognised with a roster of industry awards. We’re delighted to support the rapid growth of a regional success story like Cloud Nine.”
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