Olivia’s, part of TMG, Makes the Lightning 50 Fastest Growing Ecommerce Company List
We’re thrilled to share that we have made this year’s Lightning 50 list! We grew 414% between Dec 2019 and Dec 2020 and look forward to growing even further this year. We placed 7th on the Lightning 50 list and 1st place for the homeware sector.
Brightpearl powers ecommerce brands to streamline, automate and grow fearlessly and has seen first hand the incredible growth from innovative UK ecommerce companies, which has been spurred on to even greater heights by the coronavirus pandemic.
Brightpearl decided to take a look at the revenue data behind the UK’s online shopping space to produce a definitive list of the 50 fastest growing e-commerce brands over the past 12 months. This year, hundreds of companies applied and just 50 made the list.
Olivia’s.com is TMGs poster-child brand rocketing to fame with affordable luxury furniture and homeware to offer on-trend fashion for your home. During 2020, Olivia’s scaled to meet high demand for furniture and upgrading our customers home style. Alongside sister brands, TeddyBeau and Houseology, Olivia’s are part of a full circle service of homeware brands to suit all interior markets. TMG Bolt SAAS powers all three owned brands and third-party brands to offer end-to-end solutions for D2C brands. TMG saw a 1100% growth in 2020 as a group.
How The Rankings Work
The Lightning 50 League Table was launched by Brightpearl to recognise ecommerce providers that have seen business boom during the coronavirus pandemic.
The Lightning 50 is a definitive list of Britain’s 50 fastest-growing brands, and recognises the fastest growing ecommerce businesses from a range of sectors, with annual turnovers from £1M-£250M, who have headquarters in the UK. The rankings take 2019 revenue and compare it to 2020 revenue growth.
In total, the top 50 companies do £341,347,228 in revenue and service more than 20 million customers. You can see a digital version of the top 50 ecommerce companies here and find the deeper story on our growth and success over the past 12 months.
Thanks to all of you for helping us land a spot in Brightpearl’s Lightning 50 for 2021.
Want to find out more?
- Rankings: https://www.brightpearl.com/lightning-50