Richard Reed       innocent_logo.jpg   

 

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A little bit about Richard

 

innocent drinks is not Richard’s first enterprise.  In fact, Richard’s entrepreneurial career started earlier than most, when he began washing windows for his neighbours at the age of eight.  Following a brief spell of selling Smurf stickers at junior school (until his teachers caught him), Richard retired from the coalface of self-employment, aged 12.  However, a summer job picking up dog biscuits in a pet food factory soon reminded Richard of the joys of working for himself, and led him to set up a summer gardening business called Two Men Went to Mow, employing his school friends.

 

 

From small acorns

 

After graduating from Cambridge University and working in advertising for four years, Richard and his two college friends Jon and Adam, decided to set up a lovely fresh fruit juice company.  After six months of developing recipes in their kitchen, the boys wanted to test their drinks with a wider audience.  To do so, they bought £500 of fruit, turned it into smoothies and sold them from a stall at a music festival.  They put up a sign that said, ‘Should we give up our jobs to make these smoothies’, and put out a big bin that said NO and one that said YES.  Fortunately, at the end of the weekend, the YES bin was full so they went in the next day and resigned.

 

Nine years on

 

Nine years into the business Adam, Jon and Richard are closer friends than ever and innocent is the number one smoothie brand in the UK with a market share of 82%1.  The company now employs 270 people, and sells over two million little tasty drinks in over 11,000 outlets each week.  The innocent range has expanded to include: special smoothies for children, big one litre cartons for families at home, thickies for a yoghurt and fruit blend as well as orange juice. September 2008 saw the launch of Veg pots, a range of quick and tasty meals. The drinks and business regularly win industry awards, including Best Soft Drink in the UK 2006 (for the fifth year running), Growth Strategy and Business Innovation of the Year at the National Business Awards and Growth Strategy at the European Business Awards.

As a business we want to make it easy for people to do themselves some good. And we want to leave the planet a little bit better than we found it. This is reflected in everything from our use of green electricity at Fruit Towers, to sourcing fruit from places that go the extra mile in terms of looking after the people that work on the farms, and the environment. All our bananas come from Rainforest Alliance accredited farms. Every year we donate 10% of our profits to the innocent foundation, which funds NGOs in the countries where we source our fruits.

 

For more information see www.innocentdrinks.co.uk, www.innocentfoundation.org.uk, www.rainforest-alliance.org

 

 

1. Source: IRI Infoscan epos sales to WE 21/03/09

 

 

Recent awards

 

  • Business Awards

Business in the Community Big Tick Award – Cause-Related Marketing

Greatest Britons – Business Achievement

European Business Awards – Growth Strategy of the Year

National Business Awards – Growth Strategy of the Year

National Business Awards – Business Innovation of the Year

Business XL10 – Company of the Year

E&Y Young Entrepreneur of the Year

National Business Awards – Small/Medium Business of the Year

Growing Business Awards – Most Promising New Company

Orange Small Business of the Year
            Orange Marketing Campaign of the Year

Orange Innovative Company of the Year

Best Investors in People – National Business Awards

Innovative Company of the Year – Growing Business Awards

 

  • Drink awards

Best UK Soft Drink – International Food and Drink Expo

Best UK Soft Drink – Q Awards

Best UK Soft Drink – Great Taste Awards

 

Quick facts:

 

D.O.B.              13/02/1973, Yorkshire

 

Parents             Father: David

                        Mother: Bridget

           

Education          Batley Grammar School, Yorkshire

                                               

                        St John's College Cambridge

                        Masters in Geography

 

Employment      DDB London, 1995-98

 

Hobbies             snowboarding, cycling and eating broccoli

 

 

 
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