Headquartered in Brighton, Paladone specialises in the design, development and wholesale supply of licensed and own brand gifting products. Paladone’s has established strategic license partnerships with leading global brands including Walt Disney, Warner Brothers, Star Wars and Nintendo. Its own-label brands such as Purple Donkey and Scott & Lawson currently account for 30 per cent of revenue.
With a catalogue of more than 800 products, and offices in Los Angeles and Hong Kong, Paladone generated revenues of more than £30million in its latest financial year, with 60 per cent of its sales being international.
LDC provided a £13m development capital investment in April 2018. The investment will fuel the business’ global expansion, as it looks to continue its strong growth in the US market, following demand for its products from large retail giants Kohl’s and Target. It is also eyeing growth opportunities in Australia, Asia and Europe, as well as investing in its online ecosystem to help increase revenues generated from its website.
In 2018 Paladone was recognised for their fast-growing international sales in The Sunday Times HSBC International Track 200. Ranked at number 57, its success overseas can be attributed to its strong growth in America and Hong Kong. The business generated more than £30m in its latest financial year, with overseas sales exceeding £14m.