Pinter stars as Brightpearl announces fastest growing UK e-commerce brands
The UK's top 25 fastest growing online retailers have been revealed with beer brewing brand Pinter topping the table.
Pinter, based in Walthamstow, London, has grown sales by 626% to almost £6 million as people save money in the cost of living crisis via pints they have brewed at home from its specially developed keg.
Retail operating system specialist, Brightpearl, has curated a list of the fastest growing e-commerce brands for its yearly Lightning 50 table.
Researchers tracked growth rates for hundreds of companies across England, Wales, Scotland and Northern Ireland.
Pinter Managing Director Adam Keary says: "We are delighted to be named as the UK's fastest growing online company by Brightpearl. It is a fantastic achievement to not only be recognised in the top 50, but also top this list.”
"Our business is building a platform that will change the way we drink beer at home, built on a foundation of sustainability, innovation and freshness. Where we have come in such a short space of time, is nothing short of incredible.”
"We can't wait to build on this growth and continue our mission to put Fresh Beer into the hands of as many people as possible, while igniting the love and passion for brewing."
To compile the Lightning 50, Brightpearl asked brands to submit annual growth figures from 2020 to 2021, with each company ranked solely on its net growth percentage during that time frame.
The top ten as follows:
1 Pinter (home brewing) - 626% growth
2. Progress JJ (Jiu Jitsu clothing) - 446%
3. Passenger Clothing (fashionable clothing for travel lovers) - 362%
4,Kick Game (sneakers and streetwear) - 353%
5 Wild Cosmetic (deodorant redefined) - 322%
6 Naturecan (CBD products) - 220%
7 Naturewall Group (slatted wood wall panels for homes) - 221%
8 Centre of Excellence (life changing e-learning) - 207%
9 Tradeprices Bathrooms (bathroom fittings at discounted trade prices) - 175%
10. Gym Plus Coffee (Quality hoodies for gym goers) - 169%
The full Lightning 50 list can be found here.
Brightpearl CEO Derek O’Carroll says: “When we consider the unpredictability and uncertainty of the last couple of years, from the pandemic, to the global supply chain crisis, through to the skyrocketing costs brought on by the Ukraine war, high rates of inflation and increased cost-of-living, it’s easy to paint a bleak picture for business.”
“There can be no doubt that there are many obstacles for retailers to overcome. However, many have risen to this, and now the results are in, we can see that some firms aren’t just showing resilience - they are absolutely thriving, despite the difficult circumstances.”
"When we look behind the data, there’s a combination of factors for that success, primarily driven by people and the innovative, data driven technologies they are using that allow them to react quickly to the challenges they face.”
“It’s fantastic to once again be able to celebrate and recognise the hard work that has gone into this growth, and I’d like to congratulate everyone who made it into the Lightning 50 list.”
Andrew Busby, a retail analyst, says: “The pandemic and subsequent lockdowns gave rise to a whole new genre of e-commerce entrepreneurs. What is interesting looking at the Brightpearl Lightning 50 is that the fastest growing e-commerce brands are not necessarily household names.”
"However, one thing characterises them, they know their market and their customer and they have a laser-like focus on delivering for them.”
“It’s brilliant but actually no real surprise that the UK now dominates e-commerce. The UK has been at the forefront of e-commerce innovation and growth and it doesn’t show any sign of letting up post pandemic.”
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