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Swimwear Brand + Australian owned / Internationally recognised - Growth Round - UPDATED
| Categories: | Securities, Unissued Securities |
| Sale Type: | Asking Price |
| Price Guide: | AUD $650,000 equity capital raise (A$2M pre-money valuation) FULLY SUBSCRIBED |
| Status: | Closed |
Summary:
UPDATED
The Company is an international-facing, Australian swimwear brand for fashion conscious women aged 25-40, who aspire to the stylish spirit of Bondi Beach. Currently sold through a network of agents in Europe and the Americas. Led by Digital Marketing and Production Executives with 45+ years direct experience.
Latest developments:
- Multi-currency ecommerce site went live in April (AUD/USD/EUR)
- SS18 lycra range now being sold through the largest swimwear showrooms in New York and Miami
- Canada's largest swimwear retailer and one of the biggest in the USA are also distributors
- New EU distributors in place for EU sales season in mid-July
FY18 forecast Sales of A$3M and an operating profit of A$1.5M.
Raising equity to support digital and international expansion.
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