This recognition comes from the 2023 edition of “The Fastest Growing Businesses in the North of England,” sponsored by UBS. The report highlighted YOLO’s impressive 61.1% growth from 2020 to 2022. The “UK Fast Growth 50 Index” shows the impact that rapidly growing firms have on the UK’s economic landscape.
The report celebrates businesses that show innovation, enterprise, and hard work across various sectors. These include construction, financial services, and technology. YOLO’s success story is a testament to how entrepreneurship can drive regional and national prosperity, even amidst challenging times. YOLO’s journey of expansion includes a series of strategic acquisitions. Notably, the company acquired a stake in the German hammock retailer, Amazonas GmbH. This led to a significant partnership with Tesco in July 2023. Further strengthening its global presence, YOLO expanded into the US market through a seven-figure buyout. Additionally, the move into a new campus has paved the way for further team growth and development.
Scott Woodhead, CEO of YOLO, achieved finalist in the Great British Entrepreneur Awards 2022 and won the prestigious “42 under 42” award in the same year. He says “it’s a honour to see YOLO in this list. This is a sign that we are on the right tracks.”
Looking ahead to 2023-2024, YOLO is set for even greater growth. The company is expanding its international operations into Europe and the US, along with the launch of its new hot tub brand, SPAAH. These plans are set to reinforce YOLO’s position as a leader in the retail sector. For more information about YOLO and its journey of growth and innovation, visit www.yolo-inc.co.uk
Find out more about business support in Richmondshire or across North Yorkshire. Contact us or speak to the helpdesk team by calling 0800 246 5045.
Choc Affair Ltd., a beloved York-based chocolate manufacturer known for its ethical and award-winning creations, has achieved a significant in capacity to produce their handmade delights.
The York & North Yorkshire Growth Hub, in partnership with Lifted Ventures, has launched the 'North Yorkshire Stars' pilot project. This initiative is geared towards empowering budding start-ups and early-stage businesses, offering them a unique pathway to pitch their ideas and attract angel investment.
In the heart of the Yorkshire Dales National Park, Tom Addison, maker, and designer at Tom Addison Fine Furniture, is celebrating significant growth and success with vital support from the York & North Yorkshire Growth Hub.
YOLO, an innovative retail group based in Richmond, North Yorkshire, is proud to announce its remarkable achievement of being ranked as the 29th fastest-growing company in the north of England.
A North Yorkshire business owner is boosting her brand thanks to digital skills training.
DJ Assembly, a thriving independent business, has secured a maximum grant of £20,000 from the Made Smarter programme. This funding will enable the company to acquire a Detech machine, a significant upgrade that will boost efficiency, productivity, and product quality.
Meld is a new community for people starting and running businesses in North Yorkshire. The team behind the project are building Meld to be a melting pot of ideas, support, advice, nice people and cool businesses. We hope this becomes a place you come to mix. connect. belong… and build.
Trimble Group CEO Toby Trimble has hailed ‘game-changing’ Richmondshire business support, which is helping them flourish.
The devolution deal for York and North Yorkshire is a major opportunity for our region’s businesses, so it’s important that you know how it’s progressing and what happens next.
Small and micro businesses in North Yorkshire can now apply for North Yorkshire Council’s Small Business Grants scheme by speaking to their local business support manager.
We are delighted to announce the addition of three new team members who will play a crucial role in supporting local businesses and entrepreneurs as business advisors for North Yorkshire.
Tadweld, a long-established welding and fabrication company based in Tadcaster, North Yorkshire, is pleased to announce the support it has received through the Made Smarter programme, including a £20k grant aimed at enhancing digital capabilities and fostering innovation within businesses.