The successful launch of Henry London watches has propelled Peers Hardy into the Sunday Times HSBC International Track 200 league table of Britain’s fastest-growing mid-market private companies.
The Solihull-based distributor, which has enjoyed growth surges with Ice Watch and Daniel Wellington over the past decade, launched Henry London as its own brand in 2015.
The watches are designed, manufactured, marketed and distributed by Peers Hardy. Since the brand’s debut, Henry London has stockists in over 70 markets.
“Debuting Henry London and other key brands from our fashion portfolio at Baselworld 2015 was the start of establishing our international presence. We received an immediate international demand for Henry London that was way beyond our expectations. It has driven us to increase our global ambitions and we fully intend to capitalise on our global reach with a broadening brand portfolio and diversification of our product offering,” said Paul Harry, international sales and marketing director said.
Annual growth of 70%, recorded in the Sunday Times list, placed Peers Hardy at number 53 among the 200 mid-market private companies featured.
In an interview to be published in the August edition of WatchPro, Mr Harry said that 2016 had been a record year for Peers Hardy, despite the challenges faced by licensed fashion watch brands.
The company’s current portfolio includes Cluse, Radley, Orla Kiely, Lola Rose, Henry London and Halcyon Days.