He sold Red Letter Days with fellow Dragons' Den businessman Peter Jones. In 2006, he sold his equity stake in the UK and EU segment of the global lingerie brand, La Senza, for a reported £100m.
In 2006, he parted ways with his ownership in Red Letter Days, collaborating with fellow Dragons' Den investor Peter Jones. He also sold his share in the UK and European branch of the lingerie company La Senza for an estimated £100 million.