The proposed Administrators are seeking bids for the business and assets.

BUSINESS OVERVIEW

• Opportunity to acquire a premium eCommerce brand operating in a $60 billion hosiery market
• Award-winning high-end product lines designed with a focus on quality and sustainability, eco-conscious materials and practices
• Founded by two female entrepreneurs
• Loyal customer base: c. 40k active customers in database, c. 55% repeat customer rate, and overall healthy eCommerce KPIs
• Over £3m revenues to date
• Direct-to-consumer focus (95% sales via own Ecom store), with substantial rate of organic sales and effective performance marketing via Meta and Google
• Achieved best-in-class product recognition with leading Trustpilot and Google reviews
• Global appeal with 40% UK and 60% international sales
• Industry recognition: featured in major magazines such as Vogue, Harper's Bazaar, Instyle, Cosmopolitan, and many more
• Successfully launched a product collaboration with a global brand
• Close to break-even with significant margin improvements over the past two years
• Lean Operations: streamlined team, currently managed by an experienced director
• Reason for sale: addressing pandemic-related legacy issues
• Potential: Untapped growth opportunities for sales channel, product portfolio and market expansion
• Assets include trademark, patent and stock

IMPORTANT

This briefing sheet contains information supplied by company personnel. LSH provides no warranties or indemnities in respect of such information. All interested parties must rely on their own investigations when reviewing this opportunity.