Bath-based eyewear designer INSPECS has won the Sunday Times Fast Track Profit 100 ‘Ones to Watch’ award.
From a shortlist of 10 companies, INSPECS was awarded the accolade at the 20th annual awards ceremony held at The Savoy in London. INSPECS produces branded eyewear under licence for Superdry, Hype, O’Neill, Radley, Caterpillar and Farah, and supplies private label and house brands factory-direct from its Killine Group arm.
The Profit Track 100 league table ranks Britain’s private companies with the fastest-growing operating profits.
The award was presented by David Buttress, chairman of the judges and UK co-founder of Just Eat, to founder and CEO Robin Totterman and chairman Lord MacLaurin of INSPECS.
Robin Totterman said: “This award is an incredible honour for INSPECS. At the start of the process, we were pleased to be selected as one of the ones to watch in the Times FastTrack 100. We were then further delighted to have been chosen as one of the top 10 to watch and featured in the Times. That was remarkable enough, but to win the award outright is a testament to the hard work and exceptional quality of our team, who have kept the faith in our ability to compete in the world arena.
“Our factories in Vietnam, China and the East End of London make us one of the few competitors to the all-powerful Italian conglomerates. Brexit-proofing the company two years ago by establishing a second European HQ in Lisbon was an important strategic move for us, ensuring we will be able to carry on even in case of a no-deal Brexit scenario.”
The INSPECS organisation has grown to a workforce of over 1,300 in the past 18 months, with new factories in China and Vietnam and global design offices in Lisbon.
Pictured above: David Buttress, chairman of the judges, Robin Totterman, CEO of INSPECS, and Lord MacLaurin, INSPECS chairman