Online far-reaching clothes wholesale & retailer

Reference

S11846

Turnover

£0.5m to £1m

Sector(s)

Retail & wholesale

Region(s)

UK Wide, Outside UK

Added

31 July 2024

Business description

As a result, the business has effectively expanded beyond the United Kingdom, tapping into international markets, gaining recognition and acceptance from customers worldwide; allowing them to leverage diverse customer preferences and capitalise on emerging fashion trends from different regions.

Maintaining a strong market presence and reputation for such a significant period has required consistent innovation, quality products, excellent customer service, and effective management form the business. With that in mind, its continued success is truly a testament to the company's ability to understand and adapt to consumer needs, stay ahead of competitors, and deliver fashion-forward clothing, footwear and products.

All these factors combine have made for a company making consistent and remarkable strides in the industry whilst establishing itself as a reputable brand both domestically and internationally.

This growing and successful clothing and fashion retail and wholesale company established in 1987. Expanding from a children's wear wholesaler to offer ranges of womenswear, menswear, footwear and various other fashion items; the business has demonstrated an impressive capability to adapt to changing market demands and diversify their product offerings.

Operating for nearly forty years, the company has amassed a significant client base representing a quarter of the industry in the United Kingdom, which in turn speaks to their reputation and customer loyalty. All of which has been accomplished by consistently providing reliable service, quality products, and excellent customer support to their extensive clientele.

In addition to the company's sizeable influence with the United Kingdom, the business has also cultivated significant market shares across both Europe and Africa. As such, they have a proven ability to penetrate international markets with the possibility existing for further expansion and growth in different regions.

Their commitment to reliability, quality, and customer service has all been key to the company’s continued success. By consistently meeting customer expectations and adapting to market trends, they have been able to maintain a strong position in the industry. A clear example of such being their web wholesale service, that launched in 2004, perfectly highlighting their willingness to embrace technological advancements and cater to the changing preferences of their customers.

From the perspective of a potential buyer, the business offers several exciting opportunities. The high rate of return customers from the company’s loyal customer base provides stable and diverse streams of revenue, stemming from their offerings in womenswear, menswear, footwear and other fashion items. All of which further enhance the business’s potential for growth and profitability.

Additionally, the company's growing market shares both domestically and internationally provide a solid foundation for expansion. There is scope to increase growth in numerous ways, such as exploring new markets, expanding product lines, or enhancing their online presence.

Overall, this clothing and fashion retail and wholesale company presents an attractive investment opportunity with its established brand, diverse revenue streams, growing market shares, and potential for further growth and expansion.

Highlights

• Twenty-five percent market share in the United Kingdom, showcasing their competitiveness, popularity among customers and ability to capture a sizeable portion of the market.
• Strong presence in Europe and Africa, signifying successful expansion into international markets and the ability to adapt their offerings to appeal to diverse consumer preferences across these regions.
• Daily updates to the company website ensure that customers have access to the latest product offerings, promotions, and other relevant details. Thereby enhancing their overall experience.
• Reasonable and competitive pricing structure balances affordability with quality, attracting a wide range of customers. All of which are important to the company’s customers.
• Excellent reputation amongst their sizeable client base reflects the trust and satisfaction customers have in the brand, leading to repeat business and positive recommendations
• Being available anytime for customer contact, a customer-centric approach and a willingness to address customer queries, concerns, and orders promptly, providing a positive customer experience.
• Use of Royal Mail and Parcel Force for shipping ensures efficient and secure delivery of products to customers. This helps maintain customer satisfaction and enhances the company's reputation for reliable service.
• As one of the first companies in the space to become an online business, the company shows foresight and ability to adapt to changing market dynamics whilst leveraging the advantages of e-commerce. This allows them to reach a broader customer base beyond traditional brick-and-mortar stores.
• Made-to-order products on the wholesale side of the business provides a unique selling proposition and caters to specific customer requirements. It allows the company to offer customised solutions, attracting customers who seek personalised products.

Opportunities

• Push to do more direct business with customers.
• Offering package tracking service to their customers.
• Pursuing branded licenses for exclusive product lines.
• Potential for further growth and success in the clothing and fashion industry.

Prospective purchasers

• 100% share capital

Reason for sale

The shareholders wish to pursue other business interests. They would be willing, temporarily, to remain with the company to ensure a smooth transition.