Theo Paphitis says goodbye to Dragons’ Den

After nine series, Theo Paphitis has announced he will be leaving the hit BBC show Dragons’ Den to concentrate on his new lingerie brand Boux Avenue.

In a press release issued by Paphitis he said: "After nine intense and fun packed series working with the BBC and the Dragons’ Den team, sadly it’s time for me to say for the final time, “I Am Out”.

"This has not been an easy decision or one that I have taken lightly, but with the workload involved in growing my exciting, successful new lingerie brand Boux Avenue both in the UK and internationally, along with my recent purchase of the Robert Dyas retail chain and the running of the 240 Ryman stationery shops, the time felt right to give up my seat, stop breathing fire and allow someone else to enjoy the wonderful experience of being a Dragon on the BBC hit TV show, Dragons’ Den."

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