The Business Wizard
AB132-Socks & Hosiery Manufacture, Import and Distribution - Fully Relocatable, Relocateable      £350,000
Established in 2005, this company manufactures and imports an extensive range of hosiery and socks. Having found a true niche in the market, the company now has a distribution network, which includes the United Kingdom, United States and Central Europe. The UK hosiery and socks market alone is valued in the region of £1.2 billion and it is anticipated that the market is set to increase by a further 15% over the next four years.

By concentrating on hosiery, socks and related products, the business has a distinctive edge and expertise in providing the finest products available at competitive prices. The business has on-going contracts to deliver core products lines to some of the UK’s largest high street retailers and is proven to deliver cost savings of 20% to all its customers.

The business uses a 24-hour tracking service to ensure delivery is on-time, in-full and to customer specifications, providing landed supply, warehousing, palletising, haulage and pick & pack options.
Potential:
There are considerable growth opportunities for this business based on the £1.2 billion market. By far the greatest opportunity for growth lies with linking this business with existing clothing or fashion accessories business – broadening the customer base as well as generating significant cross - sell opportunities on both the clothing and accessories side.
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