The young North East entrepreneur behind a successful tea, teaware and homeware company is making plans for the next stages of the firm’s development as its first in-store concession reaches the end of its three-month run.
Jules Quinn opened The TeaShed’s in-store concession in the Newcastle branch of Fenwick in April, and its popularity means that, as it reaches its planned closing date this Sunday, it has comfortably surpassed the revenue targets that were set when it opened.
Quinn is now in initial discussions with a number of retailers about potential franchise or concession opportunities in the future, and she is also looking at new product development plans on the back of the most popular products at the Fenwick concession.
This includes developing a new Bubble Tea range, which is a fruit-based drink that originated in Taiwan and which is not currently available on a retail basis, but which was one of the Fenwick cafe’s best sellers.
Jules Quinn set up The TeaShed after completing her fashion marketing degree at Northumbria University in 2011, at the age of 22.
She has ambitions to make her firm the UK’s leading speciality tea company within five years.
RMT accountants director Stephen Slater said: “Jules has, very typically, grabbed the opportunity presented to her by Fenwick with both hands, and her commitment to maximising the benefits of everything that she does sets a fantastic example to the next generation of young North East entrepreneurs.”
TeaShed was developed with help from Northumbria University.