{"id":8478,"date":"2023-07-13T11:52:16","date_gmt":"2023-07-13T11:52:16","guid":{"rendered":"https:\/\/www.brightpearl.com\/?p=8478"},"modified":"2023-07-13T11:52:16","modified_gmt":"2023-07-13T11:52:16","slug":"the-sunday-times-fastest-growing-retailers-using-brightpearl-and-inventory-planner-to-power-their-success","status":"publish","type":"post","link":"https:\/\/www.brightpearl.com\/blog\/the-sunday-times-fastest-growing-retailers-using-brightpearl-and-inventory-planner-to-power-their-success","title":{"rendered":"The Sunday Times\u2019 fastest-growing retailers using Brightpearl and Inventory Planner  to power their success"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">News just in &#8211; The Sunday Times has released their lauded <\/span><a href=\"https:\/\/www.thetimes.co.uk\/sunday-times-100-fast-growth\"><span style=\"font-weight: 400;\">annual list of fastest-growing brands<\/span><\/a><span style=\"font-weight: 400;\"> across Great Britain. Unsurprisingly, several of those celebrated companies are users of Brightpearl and <a href=\"https:\/\/www.brightpearl.com\/inventory-management-system\">Inventory<\/a> Planner by Sage &#8211; and we\u2019re delighted to see them in the spotlight.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Read on to discover exactly how Brightpearl and Inventory Planner helped fuel the incredible high-growth success of these companies, and what impact their use could have on ambitious online retailers looking to dominate the e-commerce space.\u00a0<\/span><\/p>\n<p><b>AYBL\u00a0<\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b>15th in the Sunday Times list<\/b><\/li>\n<li aria-level=\"1\"><b>169% YoY growth rate<\/b><\/li>\n<li aria-level=\"1\"><b>\u00a330M in revenue<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Storming into number 15 in the Times list, <\/span><a href=\"https:\/\/www.inventory-planner.com\/customer-stories\/aybl\/\"><span style=\"font-weight: 400;\">online athleisure brand AYBL<\/span><\/a><span style=\"font-weight: 400;\"> has made incredible strides this last year with an impressive 169% YoY growth rate, and hitting almost \u00a330M in revenue.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After quitting university in 2018, Founder Reiss Edgerton and his brother Kris set up the multi-website retail brand, which specializes in women\u2019s fitness gear such as leggings, sports bras and shorts. In the years since, the brand\u2019s success has skyrocketed &#8211; in part due to Reiss syncing AYBL with Inventory Planner from the start.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The tool\u2019s full inventory visibility and in-depth insights allowed AYBL to reduce overbought stock by 40% and improve inventory profitability by 25%. The team also saved over 100 hours a month formerly spent on manual sales forecasting calculations.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Reiss says choosing the right tech tools has played a critical role in the business\u2019s prosperity, and he credits Inventory Planner with helping the business scale.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cAs a tech tool, it runs to the heart of our business and has proved critical in helping us achieve fast but meaningful growth,\u201d he says.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWith Inventory Planner, you can become an instant expert in replenishment \u2013 able to do the job as well, if not better, as someone with 15 years experience and in a fraction of the time.\u201d<\/span><\/p>\n<p><b>Passenger Clothing<\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b>9th in the Sunday Times list\u00a0<\/b><\/li>\n<li aria-level=\"1\"><b>205% YoY growth\u00a0<\/b><\/li>\n<li aria-level=\"1\"><b>\u00a318.6M in revenue<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The highest-scoring Brightpearl customer on the list, <\/span><a href=\"https:\/\/www.brightpearl.com\/blog\/outdoor-clothing-brand-passenger-is-gearing-up-for-global-expansion-as-it-named-one-of-the-uks-fastest-growing-online-companies\"><span style=\"font-weight: 400;\">Passenger Clothing<\/span><\/a><span style=\"font-weight: 400;\"> achieved an immense 205% growth rate, placing it within the top 10 fastest-growing brands in Britain.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Formerly a mainstay of B2B and wholesale retail, the popular outdoor apparel brand had looked to boost its direct-to-consumer sales and international reach in recent years, and credited Brightpearl for making these growth goals possible.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With Brightpearl\u2019s world-class library of Plug &amp; Play integrations, and a powerful Automation Engine that streamlines and automates processes in ordering, <a href=\"https:\/\/www.brightpearl.com\/warehouse-management-system\">warehouse<\/a>, shipping and fulfilment, Passenger has been able to seamlessly integrate its tech stack and business operations. Working from one central source of truth, the brand can continue to reach high levels of growth despite increasing backend complexity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Founder Richard Sutliffe said, \u201cWe needed to manage both wholesale and direct-to-consumer sales as well as future proof the business for our global expansion, where we\u2019d have stock in multiple locations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThat\u2019s where Brightpearl came in. We knew we needed to bring in a retail-focused system to manage that, and we knew we didn\u2019t have that in our existing tech stack.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cIt has really helped us transition into new levels of growth.\u201d<\/span><\/p>\n<p><b>Maniere De Voir<\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b>50% YoY growth rate<\/b><\/li>\n<li aria-level=\"1\"><b>\u00a334.7M in revenue<\/b><\/li>\n<li aria-level=\"1\"><b>One of The Sunday Times\u2019 100 fastest-growing brands<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Launched by former professional footballer Reece Wabara, online apparel brand <\/span><a href=\"https:\/\/www.inventory-planner.com\/customer-stories\/maniere-de-voir\/\"><span style=\"font-weight: 400;\">Maniere De Voir<\/span><\/a><span style=\"font-weight: 400;\"> has carved its own space in the lux fashion industry since launching in 2014. A French phrase meaning \u2018way of seeing\u2019, Maniere De Voir\u2019s unique products for men and women include blazers, dresses, jackets, shirts and co-ordinated two pieces that combine the tailored look of lux brands with on-trend street and sportswear styles.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With multiple shop-fronts and different currencies to manage, the brand has massively benefited from using Inventory Planner by Sage as a smart, integrative tool that offers inventory insights accurately in real-time. The in-depth reporting functionality has been essential to Financial Director Richard Udeze, who uses it to aggregate inventory levels against margins.\u00a0<\/span><\/p>\n<p><b>\u201cInventory Planner has definitely been an enabler for growth,\u201d he says. \u201cWe rely on that gross <a href=\"https:\/\/www.brightpearl.com\/blog\/understanding-landed-costs-profit-margin-formula\">profit margin<\/a>, so to have an accurate, top-line profit margin at all times allows us to effectively manage that bottom line.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWhen your business is making 10 million plus, it\u2019s far too risky to hope for the best \u2013 it\u2019s vital the figures are representative of truth.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With Inventory Planner\u2019s reliable data visibility that reflects stock levels on a granular level (as honed as style, size, color and location), the fashion retailer has laser-targeted overstock, boosted its bestsellers and streamlined its entire inventory for maximum profits.<\/span><\/p>\n<p><b>Furniturebox<\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b>79th in The Sunday Times list<\/b><\/li>\n<li aria-level=\"1\"><b>15.9% YoY growth rate<\/b><\/li>\n<li aria-level=\"1\"><b>\u00a315.9M revenue<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">After sustaining huge growth during the pandemic, UK homeware favourite <\/span><a href=\"https:\/\/www.brightpearl.com\/customer-stories\/furniture-box\"><span style=\"font-weight: 400;\">Furniturebox<\/span><\/a><span style=\"font-weight: 400;\"> has continued its supercharged expansion, placing 59th in The Sunday Times list of fastest-growing retailers. This year their 15.9% growth rate saw the brand making \u00a315.9M in revenue.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Initially started by 17 year old friends Monty and Dan, who dropped university plans to focus on bringing furniture into the e-commerce space, Furniturebox has since exploded in popularity. But it\u2019s when the team implemented Brightpearl as a central source of truth for their carefully curated tech stack that growth really took off for the retailer.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThe multi-channel nature of our business meant we needed a central hub that brought everything together in one place, and Brightpearl delivered,\u201d said James Ewens, Head of E-Commerce for Furniturebox.\u00a0<\/span><\/p>\n<p><b>\u201cAs our sales channels expanded to include Wayfair, <a href=\"https:\/\/www.brightpearl.com\/best-amazon-inventory-management-software\">Amazon<\/a>, Ebay, ManoMano, Wowcher and OnBuy, we used Brightpearl to give us all the information we needed in real time.\u201d<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The brand also uses Inventory Planner by Sage to accurately forecast sales and target slow-moving and best-selling items. Using the tool, the company has reduced stockouts by 30%.\u00a0<\/span><\/p>\n<p><b>Fairfax &amp; Favor<\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b>79th in The Sunday Times list<\/b><\/li>\n<li aria-level=\"1\"><b>61% YoY growth rate\u00a0<\/b><\/li>\n<li aria-level=\"1\"><b>\u00a335.5M in revenue<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Independent fashion brand Fairfax &amp; Favor merges luxury and country-inspired styles to create its high-quality shoes and leather goods, and has gone from strength to strength since its launch a decade ago in 2013.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Following epic growth across the last few years, the team has continued to expand into different regions and markets, and credits Brightpearl and Inventory Planner for allowing it to streamline its complex ordering and inventory systems. With the money and time saved, the e-commerce business has been able to focus on expanding its lux product lines and aim towards growth.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe\u2019ve found that you can implement a lot of different systems which do a lot of different things. But if you can find one software that can do it all, it makes it far more cost effective than to implement different systems that each deliver different things which you can\u2019t integrate together,\u201d said Rob Cooper, General Manager of the brand.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Rob told us. Stuart agreed: \u201cHaving an all-in-one system is really great. Everyone knows what\u2019s happening across the business now. We used to use different systems, now we\u2019re all using it as a team together\u201d\u00a0<\/span><\/p>\n<p><b>CurrentBody\u00a0<\/b><\/p>\n<ul>\n<li aria-level=\"1\"><b>89th in The Sunday Times list<\/b><\/li>\n<li aria-level=\"1\"><b>55% YoY growth rate\u00a0<\/b><\/li>\n<li aria-level=\"1\"><b>\u00a359 in revenue<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Ever since 2009, the two co-founders of <\/span><a href=\"https:\/\/www.currentbody.com\/\"><span style=\"font-weight: 400;\">CurrentBody<\/span><\/a><span style=\"font-weight: 400;\">, Laurence Newman, aged 48, and Andrew Showman, aged 42, have been devoting themselves to selling at-home beauty devices. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">A recent push into creating their own-brand products propelled sales to a whopping \u00a359.1 million. Then the brand, a long-term Brightpearl customer, soared in popularity after its LED face mask featured in the hit TV series <\/span><i><span style=\"font-weight: 400;\">Emily in Paris<\/span><\/i><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">On its future, a company spokesperson said: &#8220;Looking forward, the company is focusing on international expansion through local websites and warehousing. Currentbody has invested heavily over the last two years in their platform operations\u00a0 [like Brightpearl] and central functions allowing them to scale quickly and cost effectively from their existing base.&#8221;<\/span><\/p>\n<p><b>Get in touch with <\/b><a href=\"https:\/\/www.brightpearl.com\/\"><b>Brightpearl<\/b><\/a><b> or <\/b><a href=\"https:\/\/www.inventory-planner.com\/\"><b>Inventory Planner<\/b><\/a><b> today to eradicate time-intensive, error-prone manual operations and set up your e-commerce business for rapid growth &#8211;\u00a0 or check out <\/b><b>the entire <\/b><a href=\"https:\/\/bit.ly\/438Q5f3\"><b>list of Britain\u2019s fastest-growing private companies<\/b><\/a><b>.\u00a0<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>News just in &#8211; The Sunday Times has released their lauded annual list of fastest-growing brands across Great Britain. Unsurprisingly, several of those celebrated companies are users of Brightpearl and Inventory Planner by Sage &#8211; and we\u2019re delighted to see them in the spotlight.\u00a0 Read on to discover exactly how Brightpearl and Inventory Planner helped [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":8479,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8478","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.6.1 (Yoast SEO v27.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Sunday Times\u2019 fastest-growing retailers using Brightpearl and Inventory Planner to power their success - Brightpearl<\/title>\n<meta name=\"description\" content=\"News just in - The Sunday Times has released their lauded annual list of fastest-growing brands across Great Britain. 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