Theo Paphitis – Biography
Born in Limassol – Cyprus, Theo’s parents emigrated to
England when he was six years old. He went to comprehensive
school in North London which failed to diagnose his dyslexia but
allowed him to establish and run the school tuck shop at the age of
15. Having secured his first full-time job as the tea
boy/filing clerk at a traditional Lloyds insurance broker in the
city, he quickly realised that his North London accent and
schooling did not bode well for career progression.
He doubled his salary by becoming a shop assistant at Watches of
Switzerland where he found his passion for retail. With
ambition snapping at his heels and a wife and child to support at
the tender age of 18, he returned back to the insurance and finance
industry at the age of 20 in a sales capacity. Here he
discovered his natural ability of pointing out the obvious and
applying common sense. This he translated into helping
businesses in difficulty which he eventually made into a full time
role for himself as principle.
He has successfully turned Ryman, Contessa, La Senza and
Partners the Stationers into successful, solid and profitable
retail businesses. Theo now heads up a 350 store chain and a
group turnover approaching £250m. Theo’s latest ventures
includes Red Letter Days, the company he salvaged out of
administration with fellow Dragon’s Den colleague, Peter
Jones and the purchase of Stationery Box.
Theo is married to Debbie, has five children and lives in
Surrey.