Magherafelt fashion retailer Jude Law Boutique has more than doubled the size of its store after a successful period of growth in an investment supported by Danske Bank.
Following six years of successful business and sales growth, it has relocated from its original 900 sq ft unit to a 2,400 sq ft store in the heart of Magherafelt.
It has allowed the business to employ five new members of staff, widen its range and create purpose-built facilities, enhancing displays and merchandising to create a bespoke retail space that improves the customer experience.
Bucking national retail trends, Jude Law Boutique has continued to thrive through a challenging time for high street retail and recorded a 10% sales increase in 2023.
The boutique was owner Jude Law’s first foray into business ownership, after more than 30 years working in fashion and retail. The opening of the store in 2016 was followed by an online shopping offering in 2021 to meet growing customer demand of their contemporary ladieswear offering.
To assist with its growth plans, the company has availed of financial support from Danske Bank, which has been used to establish the online store and fund the move to the new premises in Magherafelt.
Jude Law said: “We’ve banked with Danske throughout our journey and it has always given me great confidence knowing we are dealing with an organisation responsive and receptive to our business needs.
“The support we have received from the bank’s local small business banking team has been fundamental to our financial forecasting, allowing us to have confidence in our investments. A large percentage of our stock is imported from outside the UK and find the way Danske deals with foreign currency payments very helpful.”
Robert Lynn, business adviser at Danske Bank, added: “Jude Law Boutique’s expansion is a testament to Jude’s hard work and her commitment to creating the best experience for her customers. Small businesses are crucial to our high street and it is great to see the company thriving in its local community. It is an exciting time for Jude Law Boutique and we look forward to supporting them as they continue to grow.