Queen’s Award joy for two local firms

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Two South Yorkshire companies are among 14 Yorkshire firms and one individual to win Queen’s Awards this year.

Panache Lingerie, from Sheffield, and the London & Scandinavian Metallurgical Company from Rotherham both won awards for international trade.

This year’s successes represent a decline from 2012 when South Yorkshire firms won three out of the four Queen’s Awards for Innovation presented to Yorkshire firms and four out of the region’s 16 international trade awards.

Panache, which is based at Waterthorpe and employs 123 people, is a designer, manufacturer and wholesaler of lingerie and swimwear and has won its Queen’s Award after increasing overseas sales by 427 per cent over the last six years.

The company’s main export markets are the USA, Australia, Poland, Germany and Canada and Panache has also set up a direct sales office in France which quickly achieved sales of £500,000.

Panache has also successfully raised international awareness of its brand by targeting multi-channel retailers, such as Nordstrom and Bloomingdales in the USA and Manor in Switzerland.

The Queen’s Award success comes after the company was hit by tragedy last year when its founder, 78-year-old Anthony Power, was murdered in High Hazels Park, Darnall. Mr Power’s killer, Imran Khan, was sentenced to spend at least 26-and-a-half years in jail

The London & Scandinavian Metallurgical Company produces and sells a wide range of metals, alloys, powders and additives to markets worldwide and conducts extensive research on its markets and new exporting opportunities.

Exports account for 87 per cent of L&SMC’s turnover and have grown by more than 50 per cent in the last three years in both mature and new markets including the USA, India, Sweden, Belgium, Turkey and Canada.