Dragons' Den star Sara Davies has confessed that it's been a 'tough couple of years' as her £37million arts and crafts company grapples with the cost of living crisis and Brexit aftermath.
The entrepreneur, who regularly offers financial aid and guidance to struggling businesses on the show, revealed that her online firm Crafter's Companion was £1million in debt last October and is expected to report further losses this month.
In an attempt to turn things around, the 39 year old mum of two is now bringing in the experts for a multi-million pound overhaul, including a new CEO with expertise in digital retail.
Speaking candidly to the Mirror, she said: "I'm just going to be really honest, it has been a rough couple of years. "And I kind of don't want to shy away from that because I always feel, especially with my role on Dragons' Den, I've got that responsibility of being a bit of a role model.
Read more on ok.co.uk
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.