Focus: Cosmetics
Simon Tate
Age: 29
Company: Kew Health & Beauty
Fresh out of university, Tate was made managing director of family business Wallace Manufacturing Chemists after his father’s death. Six years later and, having increased sales 50% across 90 countries, Tate created Kew Health & Beauty in 2004 with Dominic McVey. Under Tate’s stewardship, the business has seen turnover rise from £2.9m last year to £5m by the end of 2006. Growth is set to be further spurred by partner deals, signed in the US, Australia and the UAE