Roger Wade
Roger Wade is a British entrepreneur who founded the streetwear brand Boxfresh in 1989 and sold it to Pentland Brands in 2005; he then founded BOXPARK, a pop-up mall and food market built from shipping containers, serving as its chief executive for about ten years before stepping down in 2022 after bringing in the private equity firm LDC in 2021. He is chairman of the family office investment firm BoxFund.
Contents13 sections
Key facts
Early Life: London and Malaysia
Wade was born in south London. He has said in an interview that he spent several years of his early childhood in Malaysia before returning with his mother to south London, where he grew up on a council estate; after failing his school exams he studied a university subject he did not want to study, and after university he was sacked from his first three jobs.[1][2][2][2][2]
1989Founding Boxfresh
In 1989 Wade founded the streetwear brand Boxfresh together with several designers. He has described Boxfresh as Britain’s first streetwear brand, and said the start-up capital came from a government loan guarantee scheme of about £100,000, while his local council sent him on an entrepreneurship course at London Business School and provided subsidised office and warehouse space.[3][2][2][2]
He has said the first five years were very hard, that he borrowed his parents’ savings and lost them, and only later repaid them in full; Boxfresh eventually grew into a business with a turnover of about £20 million, split evenly between wholesale and retail, with more than 1,000 accounts in about 12 countries (all according to his own account in the interview).[2][2][2][2][2][2]
Wade has said the idea behind Boxfresh was to be the complete antithesis of designer wear, with products meant to be accessible.[1]
2005Sale of Boxfresh
2010–2011Founding BOXPARK
On April 27, 2010, Wade became a director of the newly formed BOXPARK LTD. In 2011 BOXPARK Shoreditch, built from recycled shipping containers, opened in London and was billed as the world’s first pop-up mall. He has said that at the time he foresaw the decline of the high street and wanted to recreate a modern high street with small independent stores.[4][2][1][1][1]
2016–2019Croydon and Wembley
BOXPARK opened new sites in Croydon in 2016 and Wembley in 2018, both focused on food. The Wembley site, next to Wembley Stadium, covered 20,000 square feet and was then the largest, with 23 food outlets housed in recycled shipping containers; Wade also brought in Michelin-starred chef Rohit Ghai to run a restaurant there.[5][1][1][1][1]
September 2021LDC Investment and Sale of a Majority Stake
In September 2021 Wade sold his majority stake in BOXPARK to LDC, a mid-market private equity firm that is part of Lloyds Banking Group. LDC backed the management team of Wade, Simon Champion and Ben McLaughlin; existing non-executive director John Leslie became non-executive chairman, and Charles Dunstone exited. At the time BOXPARK had three sites, was on track for revenues of more than £18 million in the year to April 2022, and planned to launch a new concept, BoxHall, in Bristol the following year.[5][6][7][7][7]
Wade said that after a difficult 18 months for the sector, the new partnership would allow the company to accelerate the rollout of new sites in London and in major cities such as Bristol and Manchester.[7]
May 2022Stepping Down as BOXPARK Chief Executive
December 14, 2024Interview with The Venture Room
On December 14, 2024, The Venture Room released a full-length interview with Wade. In it he described the sale of BOXPARK as a sale “to Lloyd’s bank,” and said there are only three reasons to be in business: for one’s ego, to sell the business, or to hand it on to one’s family, employees or a charitable trust; he said his 15 years running Boxfresh were about proving himself, while BOXPARK was built to be sold.[2][2][2][2][2][2]
March 5, 2026Resignation as Director of BOXPARK LTD
BoxFund
As of October 2026, Wade is chairman of BoxFund. BoxFund is his family office; it invests only its own capital, manages no external money and works to no fund cycle, focusing on UK consumer brands in food and drink, health and wellness, lifestyle and homeware, and sustainability; its portfolio includes Boxpark, Dicky Deans, Nuud and BoxKitchen.[8][9][9][9][9][9][9][10][10][10][10]
Advice Shared on The Venture Room
“Think about the reason you’re in business and ask yourself those hard questions.” Wade said that if a founder tells him they started a business to control their own destiny, he does not want to hear that pitch; he prefers a frank answer: to make money, or to hand the business on (at 03:04 in the video).[2][2]
“In the early days, try to borrow money rather than give away equity.” He considers early equity expensive, and said government-backed loans, innovation grants and similar support still exist, offering many options beyond venture capital (at 09:33–09:50 in the video).[2][2]
Related Organizations, Websites, and Public Accounts
BoxFund: Official website: https://www.boxfund.co.uk/ (opens in a new window).[8]
BOXPARK: Official website: https://www.boxpark.co.uk/ (opens in a new window).[10]
Sources
- The founder of Boxpark on making a modern market out of a shed, selling Boxfresh, and hiring a Michelin star chef (opens in a new window)
- Boxpark founder Roger Wade reveals why he sold Boxpark! (opens in a new window)
- British streetwear brand Boxfresh relaunches for SS26 (opens in a new window)
- BOXPARK LTD officers - Find and update company information (opens in a new window)
- Roger Wade to step down as Boxpark chief executive (opens in a new window)
- About us - LDC (opens in a new window)
- Boxpark secures investment to accelerate national growth (opens in a new window)
- Team | BoxFund VC (opens in a new window)
- BoxFund | Backing Purpose-Driven Consumer Brands (opens in a new window)
- Portfolio | BoxFund (opens in a new window)