Michelle Mone picks up OBE at the palace

Ultimo founder Michelle Mone collected an OBE during a ceremony at Buckingham Palace last week.

Mone was honoured on Queen Elizabeth II’s 2010 New Years Honours List for her ‘remarkable’ contribution to the lingerie industry.

The businesswoman, who attended the palace with her husband and three children, wore a bespoke Ultimo corset, full length velvet coat and leopard print hat to collect her award.

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She said: “I am so thrilled to be receiving this great honour and to be recognised in this way. It’s been a fantastic day and I will never forget it. I am so grateful to everyone at MJM International and to our customers throughout UK and Ireland who have helped make our lingerie brands so successful.”

The OBE was the second accolade that Mone had received within the month. The previous week, she picked up an honourary degree from the university of Hertfordshire for her contribution to the development of entrepeneurship in the fashion industry.

Mone added: “I was never fortunate enough to go to university and I left school with no qualifications at all, so I am especially pleased and proud of this honour which is testament to the fact that, if you aim high enough and work hard enough, anything is possible.”

Since launching Ultimo back in 1999 Michelle has grown her business, MJM International to become one of the UK’s most prominent and successful lingerie companies. More recently, Michelle has diversified into womenswear with the launch of Ultimo Couture and just last week the entrepreneur announced plans for a bridal dress collection, which will launch in 2011.

Michelle, who grew up in Glasgow’s east end and left school at 15 years old with no qualifications, now owns eight lingerie brands including Ultimo, Miss Ultimo, Diamond Boutique exclusive to Tesco, Adore Moi by Ultimo exclusive to Debenhams and Michelle for George exclusive to ASDA, named after her.

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