Member Article
£100k Dragons’ Den win for entrepreneurial Newcastle mother and daughter duo
Mother and daughter Angela McLean and Jessica McCarthy appeared on the Dragons Den this month showcasing their Newcastle based children’s clothing company Baggers Originals.
The entrepreneurial duo secured a £100k deal with dragons Peter Jones and Deborah Meaden in exchange for 30% equity in the company.
Jessica relaunched the company after being the company’s child model for her mother’s company in the 1980s.
Jessica initially re- launched Baggers Originals after 25 years on-line, appearing on the BBC documentary Be Your Own Boss.
Sir Richard Branson who has also supported the company stating how “ingenious” the products are and expressing an interest in stocking the swimwear range on Neckar Island.
Jessica said on the Baggers Originals blog: “We were invited to audition for the Dragons Den”and it has been thrilling to get the support of the Dragons on the TV programme of our products and brand.
“I have really fond memories of representing Baggers Originals as a child and it has been a real privilege to bring back this much-loved product for the modern family.
“As a business we’ve learnt over the years what works and what doesn’t and having won so many awards and recognition in the past together with our new founded support from leading business figures such as Sir Richard Branson and now the Dragons – I’m confident in our range.”
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