Feelunique has announced the closure of its Jersey warehouse.
The Jersey company – Europe’s largest online beauty retailer – say that they will close their distribution centre in the Island and that they will restructure their supply chain and commercial teams to London.
But in a statement, the company says that they would still be employing more than 150 of their 270 staff here in the Island.
Feelunique Chief Executive Officer Joel Palix said that after five years of rapid growth, they have reviewed their delivery processes to stay competitive – and reaffirmed the company’s commitment to the Channel Islands.
He said: “This has been an extremely difficult decision to take but in order to continue to compete on an international level we know that this move is in the long term interests of Feelunique and our customers.
“At the current time our focus is on providing our colleagues who may be impacted with all the support that we can. We remain committed to building a successful business in the Channel Islands.”
Feelunique say that the decision will not affect their online team or their stores, salons and spa in Jersey.
The company was launched in 2005, and was reported to have seen sales growth of 20% in 2014.
They offer 20,000 products and 500 brands.
The founders - Aaron Chatterley and Richard Schiessl – sold a majority stake in the business to private equity firm Palamon Capital Partners in a December 2012 deal which valued the business at £26 million.
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