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Stacey Solomon's Million-Pound Business Leap

Summary

  • Stacey Solomon invested in a hair oil brand in 2023.
  • The company's turnover reached £14.2 million last year.
  • Solomon previously partnered with Primark for a clothing line.
Stacey Solomon's Million-Pound Business Leap

Stacey Solomon, known for her appearance on the 2009 X Factor, has transitioned into a successful business investor. In 2023, she acquired a 33% stake in the hair oil brand Rehab, co-founded by Vicky Ellis and Anastasia Tozer. Originally focused on women's hair care, Rehab has expanded its offerings to include bodycare and men's products.

Last year, Rehab achieved a turnover of £14.2 million. Solomon expressed her enthusiasm for supporting a female-founded business, stating it was her first time investing her own money into a small company she deeply believes in. Her partnership with Rehab aligns with her values of championing women in business.

Solomon's financial success extends beyond Rehab. She previously launched a successful clothing range with Primark in 2018. Her company, Keymap Entertainment Ltd, generates significant revenue from advertising and media appearances. Reports indicate she earned her first million in 2019 and has a substantial net worth, with earnings from sponsored posts and her 'Tap to Tidy' books adding to her income.

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