LDC has given us the confidence to make decisions as bold as our ambitions and pushed us in exciting new directions we would have been reluctant to explore without the support of an experienced investor. The steps we take now are firmly focused on creating the most value for our business and driving growth.”Yann Le Bouedec, Commercial Director
Unlocking digital sales channels
With LDC’s support, Paladone has also grown and diversified its customer base. Since 2018, it has added more high street retailers to its portfolio while significantly increasing its digital presence with the help of LDC’s Value Creation Partners, particularly through Amazon.
Paladone’s online sales now account for more than a quarter of its revenues, up from 12 per cent in 2018.
With LDC’s support, our sales channels are well positioned to take advantage of the changing dynamics of retail. An increasingly diverse set of bricks and mortar retailers are stocking our products across more of their departments, while our growing online presence means we are able to reach the target audiences for each of our products directly.”Yann Le Bouedec, Commercial Director