Group sales up by 30% at Confex
Sales are up by 30% at Confex as the buying group shows its resilience in the face of Covid-19 and Brexit.
The Cotswolds-based wholesale business has also welcomed seven new members in 2021, adding to the positive outlook for 2021 as they approach half-year end.
The progress is testament to Confex’s response to the pandemic, which has included the launch of several initiatives, such as Food 2 Go, Eat magazine and the roll out of the group’s CORE own-brand range.
The SalesOut data insight with TWC is going live in October and a direct-to-consumer website is also in the pipeline.
“I’m proud of the way Confex wholesalers have responded to both Covid and Brexit,” said Managing Director Tom Gittins.
“The group is now in a much stronger position, solidified by our wholesalers’ individual investment plans at a record levels.
“Confex has used a difficult trading period to push forward with implementing our long-term strategies for growth and stability across our 219 member wholesalers and I’m very proud of all the head office team and our members’ teams, in the work and results which have been achieved.”
The new members that have joined Confex this year include Holland Bazaar, Exotic Blends, Plant Love Organic, Apollo Distribution, Direct Source Distribution, One World GB Ltd and Just A Bargain – taking the total member turnover to £2.46 billion.
There are further plans in the pipeline, with the buying group celebrating its 50-year anniversary in 2022.
‘’It has been very pleasing to see how Confex has moved forward over the past eighteen months and I remain excited about our current and future plans as a group,” added North West Tea’s Ryan Torrible.
“The Confex board has worked collaboratively to carry out a number of Group initiatives that will ensure Confex continue to remain ahead of our wholesale competitors.’’Brexit buying group Confex coronavirus covid-19 results