Not for publication before 1 AM on 6th May 2024.
- Fermoie wins Britain’s most coveted commercial prize, the King’s Award for Enterprise 2024.
- Fermoie is one of the winners in the International Trade category in the King’s Awards for Enterprise 2024.
- Accolade is recognised as a mark of excellence and high performance worldwide.
“We’re thrilled and honoured to receive the King’s Award for Enterprise. We’ve worked incredibly hard to build our company and develop our export business, which has grown eightfold in just four years and now accounts for over half our annual turnover. There’s a real appetite among international customers, particularly in America but also across Europe and further afield, for beauty in design and print. We’re delighted that our hand-drawn artwork, distinctive colours and beautiful fabrics, all manufactured entirely in-house here in the UK, have found such a receptive audience right across the world.”
Jamie Shawcross, Director, Fermoie
Fermoie received the Award after growing its export business by over 800% in just four years, through a strategy based on creating beauty in design and print alongside unparalleled customer service. It has built its success on USPs including original hand-drawn artwork, unique colours, an innovative take on traditional printing, and the fact that all Fermoie fabrics are designed and made entirely in-house.
Exports now account for over half the company’s total turnover. The U.S is its largest overseas market accounting for over 40% of overall global sales. Fermoie has a true ‘coast-to-coast’ presence, with representation in multi-line showrooms selling exclusively to interior designers and architects; and nationwide retail stores stock lampshades and cushions made in Fermoie fabrics. The company also has partner showrooms across Europe, as well as Australia and New Zealand.
In the current financial year, export performance has exceeded planned targets, with year-on-year growth running at 25% in the US. The company is now focusing on growing its existing markets in UK, Europe, North America, Australia and New Zealand, and exploring new opportunities throughout the EU and the Gulf States.