Up to 200 new jobs as Luxury For Less announces £5m growth strategy
MULTI-channel online retailer Luxury For Less has selected the former headquarters of Adams Childrenswear in Warwickshire as its new base.
The move is part of a £5m investment programme designed to sustain the growth of the award-winning business.
In conjunction with the move, the company is now launching a major recruitment drive to appoint an additional 200 employees.
Luxury For Less, which sells bathroom furniture, equipment and accessories direct to the public via BathEmpire.com, bought the landmark building on the Attleborough Fields industrial estate, Nuneaton, earlier this year.
It is currently refurbishing the 169,000 sq ft unit ahead of moving in early next year.
The company was established by entrepreneur Chris Li in Brighton in 2006 and moved to Coventry in 2008; initially based in Bayton Road before relocating to Longford Road in Exhall where it has been since 2011.
The new headquarters will be more than double the size of its existing premises and will provide significantly more room for warehousing and stock operations, This will enable the company to increase product lines and explore new areas of the market.
Chris Li, now CEO of the firm, said: “We currently employ around 100 in our team but expect that to grow to around 300 in the next three years with the exciting plans we have for expansion.
“We are now seeking the first intake of new recruits across all areas of our business from customer services, accounts and marketing to warehouse and logistics, and ranging from trainee to managerial positions.”
The company is currently looking to fill just over 20 vacancies as part of the rolling recruitment programme. They are mainly full-time positions although part-time hours are available in customer services.
Li added: “We are a young and dynamic company and are looking for people who share our drive and enthusiasm, and want to be part of an award-winning team who have been so fundamental to our success.
“Our new headquarters is just a few miles away from where we are currently based as it was important for us to be able to retain the team that we have built since moving to the Midlands.”
The fast-growing company turned over £14m in 2012 and is expected to reach £20m by the end of 2013. Earlier this year, it secured an £8.5m investment from ISIS Equity Partners to facilitate its growth plans.
