Michelle Mone, Baroness Mone, is a prominent Scottish businesswoman known for her entrepreneurial spirit and innovative contributions to the lingerie industry. In 1996, she co-founded MJM International, which became a launching pad for her flagship brand, Ultimo. Launched in 1999 at Selfridges, Ultimo revolutionized the lingerie market with its silicone-enhanced bras, designed for comfort and style. Under Mone’s leadership, Ultimo expanded its product line to include shapewear and backless dresses, solidifying its position as a leading brand in the UK.
Mone’s entrepreneurial journey continued with the establishment of Ultimo Beauty, which introduced a range of beauty products, including a successful fake tan line. Her ventures extended beyond fashion, as she explored opportunities in health and wellness with TrimSecrets, a weight-loss product. Mone’s ability to identify market gaps and create solutions has been a hallmark of her career, showcasing her versatility as a business leader.
In addition to her business achievements, Mone has made significant contributions to public life. In 2015, she was appointed a life peer in the House of Lords, where she has advocated for entrepreneurship and small business development. Her insights and experiences have been invaluable in shaping policies that support economic growth and innovation.
Mone’s influence extends into media, where she has appeared in various television programs, sharing her expertise and inspiring aspiring entrepreneurs. Her journey from a marketing executive to a celebrated entrepreneur and political figure exemplifies her resilience and commitment to empowering others in the business world.