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US jewellery firm Stella & Dot is exiting Europe

US jewellery firm Stella & Dot is exiting the European market after being hit by declines in the value of the pound and euro.

Set up in 2003, Stella & Dot staff buy their own stock, and try to sell it on through their social networks. The firm focuses its recruitment on mothers looking for flexible work, with taglines such as β€œbe your own boss” and β€œjoin a community of strong and supportive women”.

Mhari Oakes from Cheshire in the UK has been with Stella & Dot for seven years and explained the perks of so-called social selling.

(Image: Stella & Dot product at a trunk show. Credit: Getty Images)

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3 minutes