Ethicalsuperstore merges with Southern firm
Mar 26 2009 By Andrew Mernin
GREEN online retailer Ethicalsuperstore has announced a merger with a Southern counterpart, as it targets rapid growth in the eco-friendly, organic and fair trade sectors.
The Gateshead firm has joined forces with Natural Collection - an ethical retailer which is headquartered in Bath but which also owns a warehouse in Sunderland.
The combined company, which operates in the UK’s £32bn market for ethical and fair trade products and services, is projecting ambitious growth, with sales in the region of £8m for 2009/10.
It will continue to trade under both names using both online and mail order catalogue to reach its customers, while there are no plans for the company to move out of the North East.
Ethicalsuperstore's CEO Andy Redfern said: “Joining forces will enable both companies to build for an exciting future and to steer a good path through the challenging retail environment.”
Joanne Spector, co-founder of Natural Collection said: “Our new partnership creates great energy as we join together in our drive to promote fair trade and ecological products, which is especially important during a time when producers need the most support”.
FOR more on this story see nebusiness in tomorrow's Journal.