EXCLUSIVE: UK Tights on track to turnover £2mn in sales

UK Tights is on course to turnover £2 million in sales following the acquisition of its two major competitors.

The online hosiery retailer said it will also “retain a good profit” for the financial year ending February 28 2016/17.

UK Tights finalised the deal to purchase My Tights.com and My Tights.co.uk in April after beating 10 other interested parties in a bidding war for the domain name.

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My Tights went into administration on April 1, two years after merging its assets with TightPlease.co.uk.

Bobbie Bhogal, director of TightsPlease, took a 75% stake in MyTights in May 2014, in order to leverage their combined databases. TightsPlease is still trading under The Please Group.

Following the acquisition, UK Tights reinvested its earnings back into the company and is currently in the throes of doubling the size of its business premises to 8,000ft2.

UK Tights has also taken on four new employees and installed new software to help with customer service response times.

“Our customers are very important to us and we want them to have a wonderful experience when shopping with us so that they return time and time again,” said UK Tights managing director Dawn Barber, who also runs UK Swimwear and UK Lingerie.



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