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Paul Kraftman

Chief Executive Officer at Gift Universe

Paul Kraftman is the Chief Executive of Gift Universe Group Ltd (formerly Menkind Group Ltd), an experienced retailer with a long career in the gifts and gadgets industry.3 He founded the company in March 2001 and has been leading it since then.3

Under Kraftman's leadership, Gift Universe has grown into a multi-channel retail and wholesale business, encompassing several brands including Menkind, The Source Wholesale, Prezzybox, Lost Universe, and the product brands Red5 and Ingenious.1 The company specializes in novelty gifts, gadgets, and unique products, with 70% of its revenue generated from original products designed in-house.2

In addition to his role at Gift Universe, Kraftman holds several other positions:

  1. Executive Chairman of Prezzybox.com (since June 2022)3
  2. Executive Chairman of Lost Universe (since January 2020)3
  3. Member of The Supper Club, an exclusive membership community for founders and CEOs of high-growth businesses3

Kraftman has demonstrated a commitment to employee welfare and business continuity. In November 2022, he led Gift Universe's transition to an employee-owned business, with the company now majority-owned by an Employee Ownership Trust.12 This decision was made as Kraftman approaches retirement, aiming to preserve the company's culture and ensure its future success.1

Prior to Gift Universe, Kraftman served as Managing Director at Tempo, an electrical retail company, from 1983 to 2000.3 He also held a position as Non-Executive Director at Chapel Down Group plc from March 2002 to March 2004.3 Kraftman's educational background includes attending Epsom College from 1974 to 1979.3

Highlights

Jan 30 · toyworldmag.co.uk
Gift Universe transitions to employee owned business
Gift Universe transitions to employee owned business
Jan 10 · giftuniverse.com
Gift Universe Embraces Employee Ownership for a Brighter Future

Related Questions

What inspired Paul Kraftman to transition Gift Universe to employee ownership?
How has employee ownership impacted Gift Universe's operations and culture?
What are the future plans for Gift Universe under employee ownership?
How does Paul Kraftman plan to manage succession in the next few years?
What challenges did Gift Universe face during the transition to employee ownership?
Paul Kraftman
Paul Kraftman, photo 1
Paul Kraftman, photo 2
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