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    Justin Stone

    Co-Founder at Goodrays & Co-Owner at Passenger

    Professional Background

    Justin Stone is an accomplished entrepreneur and visionary in the eCommerce sector, known for his innovative approach and passion for sustainable business practices. As the Founder, CEO, and Chairman of multiple companies, Justin has an impressive track record of building successful brands that resonate with consumers. He is particularly renowned for his role as co-founder of Goodrays, a company that creates delicious CBD drinks designed to harness the healthiest elements of the cannabis plant while incorporating essential nutrients like vitamin D. With an emphasis on using natural ingredients, Goodrays offers low-calorie beverages infused with 25mg of CBD and 0% THC, ensuring customers can enjoy the benefits without any psychoactive effects.

    In addition to Goodrays, Justin also co-founded Passenger, a fast-growing direct-to-consumer (D2C) clothing brand focused on promoting sustainable fashion and meaningful outdoor experiences. The brand supports consumers in reconnecting with nature and taking breaks from their digitally-driven lives, encouraging a healthier, more balanced lifestyle.

    Before these ventures, Justin made a significant mark in the action sports market as the founder of Surfdome.com in 2005. Under his leadership, Surfdome.com thrived, reaching an annual sales figure of £70 million (approximately US$100 million) within a decade. His innovative strategies and keen business acumen led Surfdome to be recognized as the 30th fastest growing private company in Britain by The Sunday Times Fast Track 100 list in December 2011. Justin strategically sold 51% of Surfdome to Quiksilver in 2011, eventually selling the entire company to the SurfStitch Group in 2014.

    Justin’s tenure at SurfStitch Group was marked by a successful IPO on the Australian Stock Exchange, where he served as Executive Director of the global board and Managing Director of European operations. During his leadership, the company achieved impressive sales of $350m and employed around 650 staff. In 2017, Justin played a key role in the sale of Surfdome to Internet Fusion, leaving a lasting legacy on the brand before departing in January 2018.

    Additionally, Justin is the owner of Waveside, a portfolio of premium holiday homes situated in top-notch surfing locations. Waveside not only offers luxurious accommodations but also a variety of experiences like surfing, stand-up paddling lessons, yoga sessions, and private chef services to create unforgettable memories for large groups and retreats.

    Education and Achievements

    Justin Stone's educational background is rooted in economics, having earned his BSc (Hons) in Economics from University College London (UCL), one of the UK's leading universities. His solid foundation in economics has empowered him to navigate the complex landscapes of eCommerce and business management effectively.

    Throughout his distinguished career, Justin has demonstrated exceptional entrepreneurial spirit and leadership. His key achievements include:

    • Co-founding Goodrays: Developing a successful brand that promotes health and wellness through innovative drink products.
    • Steering Surfdome.com: Transforming it into a major player in the online retail space of action sports, achieving significant growth and success within just a decade.
    • Successful IPO at SurfStitch Group: Leading the company during a pivotal phase that resulted in a public offering and substantial growth.
    • Mentorship and Guidance: Actively mentoring start-ups and emerging brands, sharing his extensive knowledge in business strategy, brand building, and operations management.

    Achievements

    Justin’s business insights and strategic thinking have set him apart as a leader in the fields of eCommerce and sustainable fashion. His relentless pursuit of excellence is evident in the various successful companies he has led or co-founded:

    • Goodrays: Innovating the beverage industry with health-focused products that feature CBD and essential vitamins.
    • Passenger: Reinforcing a commitment to sustainability and adventure, driving consumer interest in eco-friendly clothing.
    • Surfdome.com: Achieving remarkable annual sales and growth, positioning the brand as a staple in the action sports retail market.
    • Waveside: Offering exceptional hospitality experiences in some of the world's most desirable surf destinations.

    In summary, Justin Stone's diverse background as a founder, investor, and leader showcases not only his entrepreneurial capabilities but also his dedication to cultivating sustainable businesses that positively impact society and the environment. His contributions to the eCommerce landscape, alongside his commitment to mentoring the next generation of entrepreneurs, solidify his reputation as a thought leader in the industry.

    Highlights

    Jun 28 · The Times
    Passenger - The Times
    Passenger - The Times
    Jun 30 · The Times
    Passenger - The Times
    Passenger - The Times

    Related Questions

    How did Justin Stone cultivate his passion for sustainable business practices?
    What inspired Justin Stone to create Goodrays and enter the CBD beverage market?
    How has Justin Stone’s background in economics influenced his business strategies?
    What key strategies did Justin employ to grow Surfdome.com to £70 million in sales?
    In what ways does Justin Stone's portfolio at Waveside enhance the holiday experience for guests?
    How does Justin Stone mentor emerging entrepreneurs in the eCommerce sector?
    What challenges did Justin face while steering SurfStitch Group towards a successful IPO?
    What vision does Justin Stone have for the future of sustainable fashion and eCommerce?
    Justin Stone
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    Location

    Taplow, England, United Kingdom