Established fashion brand to launch on-line store
This exciting niche fashion brand is about to launch and roll-out its popular product range on the Internet.
Having been established over 15 years ago, the company already has the complete infrastructure and platform in place to exploit this huge opportunity.
The company's product range is unique with a focus on softness, colour and contemporary styling. All designed in house, with an emphasis on unique fabrics and yarns aimed at the "grown up" quality market.
Seeking funding of £200,000
Funding required for: marketing and additional stock
Projected revenues:
Year 1: £400,000
Year 2: £2,000,000
Year 3: £5,000,000
Potential is vast with targeted marketing as the product range has international suitability, including the biggest consumer market - USA. 300 on-line affiliates already in place to promote the product range.
Gross profit: 75%
Strong management team with many years in the sector and with signifcant mail order background. MD is former Merchandise Director with Grattan Plc and Next Plc.
Brand established in 1992 - via concessions. Grew company quickly to £7 million turnover. Along with 8 own boutique retail units. Due to various changes in the marketplace, the turnover is now around £2 million. Now the aim is to grow the business via ecommerce in order to reach a wider customer base.
Ideal type of investor will have an ecommerce and marketing background
Business Profile: P1033
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