Menu

Preston supplements company secures first nationwide US contract

Posted on - 16th January, 2021 - 7:00am | Author - | Posted in - Business, Fulwood, Plungington, Preston City Centre, Preston News
YourZooki co-founders Pic: Ashley Barnard Photography

A specialist Preston premium liquid supplements company, is targeting new product launches and US growth after more than trebling revenues over the last 12 months.

Advertisement

With supplements already sold in 26 countries, YourZooki is now targeting expansion into North America, with the opportunity to secure a piece of a projected $53bn dietary supplement market by 2023.

The firm has already seen success with a nationwide US listing secured with GNC (General Nutrition Centre), the world’s biggest specialist supplement retailer, with over 6500 stores globally.

Read more: Preston City Council releases updates on business grants during lockdown 3

The firm has also seen significant expansion into UK high street retailers over the last year, with products now stocked nationwide in Holland and Barrett, Boots, Planet Organic, Wholefoods, Selfridges and Harrods, as well as being the top seller of vitamin product at the pharmacists to Her Majesty The Queen, John Bell & Croydon.  

The independent business, co-founded by Marcus Mollinga and Jack Morrison, is headquartered in Preston, Lancashire.

YourZooki offers a wide range of premium, specialist health products targeted towards immunity, beauty and wellbeing. All products use natural, high quality ingredients with delivery methods designed to maximise bioavailability.

Read more: Popular motorbike shop in Preston closed for good

During the pandemic, the firm has seen considerable growth in its ecommerce platform and direct to consumer subscription model. In 2020, online sales increased 750 per cent, largely driven by a 25 per cent month on month increase in the number of recurring monthly subscribers , a 10 fold increase compared to 2019. 

This rapid growth has been supported by £1.25m in funding secured over the past 12 months.

In August, YourZooki secured a £950,000 funding package from Investec, and has been through two funding rounds with the Rosebud Fund, managed by GC Business Finance on behalf of Lancashire County Council.

Read more: Tips for surviving lockdown from a Preston yoga teacher

The investment has enabled the company to increase warehouse capabilities, double headcount and invest in new product development.

They are based in Garstang Road, opposite Moor Park.

Marcus Mollinga, co-founder of YourZooki, said:“People are becoming more educated and are looking for more innovative and effective ways of taking supplements that do more than commodity style pills, capsules and powder– a gap that YourZooki fits perfectly.

“We have already seen huge appetite both in store and online and are well positioned to scale quickly in the USA.

The latest news updates in your area can be seen below


“This has already generated traction, with a nationwide partnership with GNC, and with new listings on the horizon, we’re projected to quadruple turnover again next year.

“2021 is set to be a very exciting year for the business, as we continue to innovate our product range, grow our talented team and expand our footprint globally.”

Read moreSee the latest Preston news and headlines

Share
Preston in pictures Covered Market, PrestonPreston Court BuildingLawson Street6201 Princess Elizabeth57313 becomes the main engine6201 pulls into Preston Station for an engine changePreston CenotaphColourful & Shops On Lancaster Road a View more Advertisement Subscribe to the newsletter

Sign up below to receive Blog Preston's weekly newsletter. It wings its way into inboxes every Sunday rounding up our best content from the last week and a look ahead to what's happening.

Advertisement News by location

Find news by location, select an area of your choice to be kept up to date with the latest goings on.

Advertisement Categories

Find news by category, select an category of your choice to be kept up to date with the latest goings on.