Swimwear Brand + Australian owned / Internationally recognised - Growth Round

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.