Lovehoney Wins Queen's Award for International Trade

Lovehoney Wins Queen's Award for International Trade

BATH, U.K. — Lovehoney has been named a winner of the Queen’s Award for Enterprise 2016 for International Trade.

The Queen's Awards for Enterprise is an awards program for British businesses and other organizations that excel at international trade, innovation or sustainable development. They are considered the highest official U.K. awards for British businesses.

According to the list of the Queen’s Awards winners, Lovehoney’s “overseas sales have grown by 200 percent over the last three years with an increase in U.K. employees and overall sales. The proportion of sales exported has increased to 27 percent of total sales. It wins the Queen’s Award for International Trade for outstanding growth in overseas sales over the last three years.”

Representatives from the winning organizations attend a Buckingham Palace reception hosted by the Queen.

Lovehoney has expanded rapidly in recent years, dominating the online market for sex toys in the U.K. and launching dedicated sites for the U.S., Australia, France, Germany and the E.U. Lovehoney also has the exclusive worldwide license to manufacture pleasure products under the “Fifty Shades of Grey” brand.

Related:  

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Williams Trading Co. Launches Pre-Black Friday Warehouse Sale

Williams Trading has launched its pre-Black Friday warehouse sale for retailers today.

Orion Unveils 6 New Styles From 'Noir Handmade' Line

Orion Wholesale has introduced six new clubwear styles from its Noir Handmade line of apparel.

BasisDx Adds Comfort Collect Device to 'Pro13' Home Testing Kit

PASS-certified home testing kit manufacturer BasisDx has added the new Comfort Collecting Device to its Pro13 kit.

XBIZ Honors Retail Edition to Light Up Hollywood Roosevelt Hotel

XBIZ is pleased to announce that the pleasure industry’s biggest night, the retail edition of the annual XBIZ Honors, set for Saturday, Jan. 18, will be held at the historic Hollywood Roosevelt Hotel.

Pipedream Expands 'Anal Fantasy Elite' Collection

Pipedream Products has expanded its Anal Fantasy Elite collection with two new stimulators.

Orion Expands 'Couples Choice' Line With New '2 in 1' Vibe

Orion Wholesale has added the 2 in 1 Vibrator + Butt Plug to its Couples Choice collection of pleasure products.

Lovense Unveils 'Mission 2' Long Distance Vibe

Lovense has introduced the new Mission 2 vibrating suction cup dildo to its long-distance collection.

Male Power Debuts 'Pack & Play' Collection

Male Power has introduced its new Pack & Play collection of men's underwear.

Orion Debuts New Styles From Cottelli Lingerie

Orion Wholesale is now shipping new styles from its Cottelli Curves plus-size lingerie line.

Sportsheets Unveils Rebranded 'Edge' Line, 9 New Products

Sportsheets has debuted its reimagined Edge line featuring nine new products.

Show More