Oliver Bonas

Last updated
Oliver Bonas Limited
Type Private
Industry Clothing
Founded1993;30 years ago (1993)
Founder Oliver Tress
Key people
Oliver Tress (Chief Executive Officer)
Website oliverbonas.com
Oliver Bonas, Lordship Lane, East Dulwich, London in 2008 Oliver Bonas 26 Lordship Lane SE22 8HJ.jpg
Oliver Bonas, Lordship Lane, East Dulwich, London in 2008

Oliver Bonas is a UK-based homeware and fashion chain. [1] Founded in 1993 by Oliver Tress, as of 2023, there are 83 stores in the UK. [2] Tress is the chief executive. [3] It is headquartered in Chessington, South West London. [2]

Contents

History

In 1993, Oliver Tress, aged 25, opened the first Oliver Bonas store on Fulham Road in west London. [2] He initially sourced products from trade shows around the country. [2] On its first Saturday trading, the shop made £1,000 worth of sales. [2]

The chain was named after Tress's then-girlfriend, Anna Bonas, the cousin of Prince Harry, Duke of Sussex's ex-girlfriend Cressida Bonas. [2]

In June 2020, the chain secured £3.5 million of additional funding from HSBC as part of the Coronavirus Business Interruption Loan Scheme. [4]

As of July 2023, Oliver Bonas has 1,500 employees and 83 shops across the UK and Ireland. [2] Revenues were £92.8 million in the 2021 financial year and pre-tax profits came in at £7.5 million. [2]

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References

  1. "Who is Oliver Bonas and how has he captured middle-class hearts?". The Independent. 2015-09-02. Retrieved 2021-06-25.
  2. 1 2 3 4 5 6 7 8 Editor, Isabella Fish, Retail (2023-07-17). "At first it looked like a jumble sale, says Oliver Bonas creator". ISSN   0140-0460 . Retrieved 2023-07-17.{{cite news}}: |last= has generic name (help)CS1 maint: multiple names: authors list (link)
  3. Walker, Peter; Booth, Robert (25 June 2021). "No 10 rebuffs calls to sack Matt Hancock for kissing aide". The Guardian. Retrieved 25 June 2021.
  4. Jahshan, Elias (2020-06-27). "Oliver Bonas secure £3.5m funding to see it through Covid-19". www.retailgazette.co.uk. Retrieved 2023-07-17.