Internacionale

Internacionale, which was voted Glasgow's favourite business 2005 has seen profits soar and has now been ranked among the Top 20 businesses in the latest Sunday Times PricewaterhouseCoopers Profit Track 100 league table of Britain's private companies with the fastest growing profits. This positions Internacionale as the fastest growing retailer in... terms of profit. The Company made a profit of £5,276 000 on turnover of £124,438 000 in 2006, up from £4,237 000 and £112,567 000 in 2005. Established as a privately owned business by dynamic entrepreneur Ken Cairnduff in 1979 from a market stall. Initially trading as Razzle Dazzle (Scotland) Ltd selling fashion and accessories at discount prices and then State of independence, the company went on to rebrand to the current trading format of Internacionale 1997. Internacionale restructured it's operations in 2003 and divided the business into two retail chains; Internacionale which sells young women's fashion and accessories; and Au Naturale which sells home interiors. In September 2006 the business was acquired in a Management buyout worth 45million by it's senior Management team of directors including Norrie Stewart, David Milton, Gerard Gavan and Graham Clements backed by a private equity syndicate. The parent company of the two chains, now called Ossian Retail Group is based in Glasgow with over 150 stores throughout the UK and employs 2500 staff. As well as being one of Britain's fastest growing retailers the business has gained the reputation of being the fastest growing brand in the home interiors market.Read More