International trade Archives - Destination Chesterfield

Global Brands receives UK’s most prestigious business award

10th May 2024

Chesterfield’s Global Brands has announced it is the latest recipient of the King’s Award for Enterprise in International Trade.

Considered the most prestigious awards for UK businesses, The King’s Awards for Enterprise (previously known as The Queen’s Awards For Enterprise), recognises and celebrates business excellence in innovation, international trade, sustainable development and promoting opportunities through social mobility.

Awarded by His Majesty the King, upon the recommendation of the Prime Minister, the award underpins Global Brands’ exceptional performance in international trade, achieving outstanding continued growth in overseas earnings for the past 3 years.

In the past year, Global Brands has made significant strides by expanding its presence into several new overseas markets. This expansion has been complemented by remarkable financial achievements, with export sales growing by approximately 105% and turnover experiencing robust growth of approximately 54% YOY.

The award will be presented at a Royal reception and the company will have the right to display the King’s Awards flag and emblem across product range and marketing materials for the next five years.

Producing a diverse range of drinks brands for every occasion, Global Brands’ portfolio includes popular names such as VK, Hooch, and Franklin & Sons, stocked across 67 countries in Europe, Asia, the US and more.

Founder and Chairman Steve Perez commented: “We would like to express our sincere gratitude to the King’s Award for Enterprise committee for recognising our efforts and successes, and to all our employees, partners, and customers who play an integral role in our journey. Together, we look forward to reaching new heights and achieving further successes.

“We extend a special congratulations the entire international team, whose exceptional efforts with Frankin & Sons have established it as a truly global brand; with extended reach across Europe, the Middle East and the Americas. The team’s commitment to excellence and the relentless pursuit of pushing boundaries has not only set a benchmark within the industry, but also heightened our company’s reputation on a global scale”.

Amidst the challenges posed by the COVID-19 pandemic and broader economic uncertainties such as Brexit, Global Brands remained resolute, ensuring the uninterrupted flow of international shipments, even experiencing a surge in export volumes.

Through investments like staff training, exploration of alternative sourcing options, and adoption of flexible pricing strategies, Global Brands has demonstrated proactive measures to mitigate risks and sustain growth. The brand’s adaptiveness was noted and ultimately proved pivotal in securing this latest award win.

Managing Director Julian Atkins added: “We see tremendous potential abroad for future growth and development. Our approach of forging strong partnerships with local importers has been instrumental in our success, allowing us to navigate the unique challenges of each market, while delivering exceptional products and service.”

Global Brands is one of 252 organisations across the country to be recognised with a King’s Award for Enterprise. The Awards programme, now in its 58th year, has helped to open new doors for businesses, in terms of securing new contracts, venturing into new markets, and further developing their enterprise.

Chesterfield’s United Cast Bar, a global leader in the production and international supply of continuous cast iron bar also scooped a King’s Award in the latest announcement. Read more about the success here.

Heraeus Electro-Nite Ltd, which develops and supplies measurement technology for the steel industry were the third Chesterfield business to be recognised, capping off a successful year for Chesterfield in the 2024 listings.

East Midlands Chamber Chief Executive and Destination Chesterfield Board Member, Scott Knowles said: “It’s wonderful that this year an even greater number of businesses in Derbyshire, Nottinghamshire and Leicestershire have been commended with this top-level honour and I offer my congratulations to each of them for their outstanding achievement. The King’s Awards are the most prestigious accolade in industry and show people all over the world that a business has been stamped with royal recognition.

“This recognition further reinforces the East Midlands as a leading light for innovation, international trade and sustainability. We know the importance of new approaches to production, of being inventive, of drawing on the full potential of emerging international markets. The three counties of Derbyshire, Leicestershire and Nottinghamshire are a Centre of Trading Excellence and these winning businesses underline the East Midlands as a resourceful region with inventive thinking at the forefront.”

Global Brands, United Cast Bar and East Midlands Chamber support the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.

D2N2 LEP launches new strategy on international trade and investment

29th November 2021

The D2N2 Local Enterprise Partnership, in partnership with the Department for International Trade (DIT) has published a new report outlining how the region can build its competitiveness, drive productivity and create more jobs by increasing international trade.

D2N2 Global: International Trade Strategy sets out the region’s ambition to increase the percentage of D2N2 businesses that export goods and services.

It identifies key strategic priorities and actions to ensure that the business community can become more confident and active in overseas markets. It also identifies a range of emerging markets that D2N2 businesses can explore further. These market requirements match the strengths in the region.

By connecting these strengths with potential growth markets the region can grasp the opportunities available through the UK’s new trading relationships and being at the forefront of “Global Britain”. The report, which is funded by DIT has been developed to align with Government’s new Trade and Export strategy, Made in the UK, sold to the World.

Elizabeth Fagan, Chair of the D2N2 Local Enterprise Partnership, said: “In 2020, the D2N2 Local Enterprise Partnership launched its Recovery and Growth Strategy to ensure we build a stronger economy and deliver more investment and jobs.

“With our strategy in place, our strong partnerships and investments in skills, business support and innovation, we think now is a perfect time to look to the future and create more outward trade for our region.

“Our International Trade strategy sets out a clear evidence base on the challenges and the actions required to support our businesses to grow and create new export-oriented jobs for our region.”

Ian Harrison, Head of Export, DIT Midlands said: “The D2N2 LEP’s International Trade strategy represents an innovative approach to aligning its priorities with this the strategic Global Britain vision to help achieve strategic international trade outcomes. We are particularly pleased to be support its launched during this inaugural International Trade Week.

“The support for the development of this strategy was enabled through DIT’s Levelling-Up funding for the Midlands and the regional team has worked in partnership with the LEP in developing their approach. DIT Midlands very much welcome the opportunity to continue to work closely with the LEP to assist with its implementation.”

The International Trade Strategy has been produced by Deyton Bell, independent economic development consultants working closely with key partners across the region.