Oliver Bonas

Oliver Bonas Limited
Company type Private
IndustryClothing
Founded1993; 32 years ago (1993)
FounderOliver Tress
Key people
Oliver Tress (Chief Executive Officer)
Websiteoliverbonas.com
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]

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]

References

  1. ^ "Who is Oliver Bonas and how has he captured middle-class hearts?". The Independent. 2015-09-02. Retrieved 2021-06-25.
  2. ^ a b c d e f g h 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.