How to Build a Global, Generational Business: From £20 in the Kitchen to 50 Years of Retail Success

Join Jeff Banks in this insightful and inspiring episode of Retail Insight, recorded live at the Spring Fair—celebrating its 75th year as the UK’s largest trade fair. Jeff sits down with Mike Winch, the entrepreneurial force behind Candlelight, who reflects on his remarkable journey of 53 years exhibiting at the Spring Fair.From humble beginnings crafting candles in a kitchen with just £20 to building a global business spanning the UK, Hong Kong, and China, Mike shares pivotal moments, lessons learned, and the passion that fuels his work. Discover how Candlelight evolved through challenges, including the early days of misspelled signs and bank pressures, to becoming a thriving family-run empire now guided by Mike’s son and daughter.The conversation delves into the changing face of retail, the importance of supporting independent retailers, and why trade fairs remain a cornerstone of business success. Mike emphasizes the value of fostering relationships with employees, suppliers, and customers while shedding light on his continued drive to innovate, mentor, and stay active in business.A must-watch for entrepreneurs, retailers, and anyone passionate about the resilience and future of independent businesses.