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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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