Artistic Leeds brand featured on Grand Designs set for £5m turnover
Dowsing & Reynolds has reported a 100 per cent increase in turnover year-on-year as the brand enters its busiest trading period of the year.
Having seen growth since the Leeds-based company launched in 2012, Dowsing & Reynolds is set to turnover £5m this year. The self-financed brand currently employs 45 people, but this is expected to rise to 50 by the end of 2019.
The interior décor brand sells items such as statement lighting, handles, plug sockets and light switches, and is run by James and Ally Dowsing-Reynolds and Tony Green.
James commented: “Homeowners and renters alike are becoming increasingly more design and trend-led.
“The explosion of influencers and public figures showcasing their homes across social and traditional media has in-turn, created a sharp spike in products with details that can transform a room.
“We’re thrilled with our business performance and truly believe that our products speak for themselves. 2018 was a phenomenal year with projections for 2019 surpassing that, making us very excited as a team for 2020.
“We have a number of business announcements planned including brand new ranges and products.”
According to Statista.com, homeowners have collectively spent £295bn renovating their homes in the last five years.
Dowsing & Reynolds launched in 2012 by James Dowsing-Reynolds, selling concrete-based lamps and vintage style bulbs. The brand has been featured on the likes of Grand Designs, The Interior Design Challenge, and George Clarke’s Old House New Home.
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