Description of the Business

Portmeirion Group PLC is a British company based in Stoke-on-Trent and is listed on the Alternative Investment Market of the London Stock Exchange.

A significant force in the homewares industry, the Portmeirion Group, encompasses the Portmeirion, Spode, Royal Worcester Pimpernel and Wax Lyrical brands. It is a market leader in high quality and innovatively designed tableware, cookware, giftware, tabletop accessories and home fragrance products.

The Group employs around 768 staff in the UK and has a wholly owned subsidiary in North America, Portmeirion USA, Inc. which distributes its product from Connecticut and has a main showroom at 41 Madison Avenue, New York. The Group also has a joint venture in Canada based in Toronto.

The Group has five major brands:

Portmeirion

Portmeirion has an established reputation for fashionable yet timeless collections of tableware and gifts. Following in the footsteps of its founder, Susan Williams-Ellis, Portmeirion is committed to producing innovative designs that fit comfortably with everyday life epitomised by the Botanic Garden range which is a major player in the casual dining market. Botanic Garden has been a design icon since its launch in 1972. Award winning collections such as Sophie Conran for Portmeirion and the licensed Ted Baker range showcase the diverse, high quality products within the brand which deliver both beautiful designs and practicality for modern day living.

Spode

Rich in history and heritage, the Spode brand has a classic product portfolio that appeals across the generations and includes many worldwide favourites such as Blue Italian and Christmas Tree. Founded in 1776, Spode is celebrated as a quintessentially British brand and has consistently launched successful ranges of table and cook ware.Following its purchase of the Spode brand in April 2009, the Portmeirion Group has brought the manufacture of some of Spode’s product range back to England. The Portmeirion Group will build on existing ranges and launch new collections of Spode.

Royal Worcester

Royal Worcester was established in 1751 and has since become celebrated for producing some of the most prestigious porcelain tableware and cookware collections.The Portmeirion Group purchased the Royal Worcester brand in April 2009 and has continued to produce the Classic White and Evesham Gold ranges along with prestige hand-painted collectables. The Group will further develop and enhance this brand in the future.

Pimpernel

Since 1933, Pimpernel has established itself as the premier brand for placemats and coasters, offering unparalleled choice and superior quality to an ever demanding and trend conscious consumer. Pimpernel has an unrivalled selection of exclusive and decorative designs to suit any table, whether relaxed or formal, classic or contemporary.

Wax Lyrical

The Group acquired the Wax Lyrical company and home fragrance brand, in 2016. As the UK's largest manufacturer of home fragrance Wax Lyrical is proud of its made in Britain status and its ability to develop, manufacture and deliver world-class candles, diffusers, room sprays and other home fragrance.

Markets

Portmeirion Group sells it products directly to retailers in the US and the UK and mainly through exclusive distributors and agents in over 50 other countries around the world. Its major markets are the US, the UK and South Korea.

Details of the Group’s financial performance can be found in the Financial Reports section of the Investor Relations pages of this website.

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