Insignia Showers sees ‘record growth’ in first half of year
The company has reported a 47% rise in sales and is investing in its warehousing for the year ahead
Steam shower manufacturer Insignia Showers has reported “record growth” over the first half of the year, with a 47% rise in sales compared with the previous year, and intends to “remain number one” with further expansion plans.
The company will be expanding its shower cabin range later this year, as well as investing in a further 50,000sq ft warehousing operation. “This is a marvellous year for us so far,” said Insignia CEO Leon Maclean.
“All major players in the bathroom industry now sell Insignia products and the knock on is, of course, the extra revenue they have gained from this as well. Our expansion in warehousing allows stocking a great deal more product and what used to be a build to landed time scale of 13 weeks, is now greatly reduced to around 28 days.”
Maclean added: “Brexit is of course a very large issue for all of us. We thought long and hard about worse case scenarios over the last two years, and why concentration was given towards our UK market share giving a greater degree of company stability and security over potential no deal EU markets we currently exist in.
“In addition to our most successful year ever, we are also proud to announce future build contracts have now been secured forming a multimillion-pound commitment over the next 24 months. This we see as commitment to both our level of faith in the UK bathroom market, our retailers, and very importantly, job security for our great teams, both in the UK and overseas.”