Posted April 22, 2021 at 6:28 pm by Lynne Oldale
Mass-Market Personal Accessories Manufacturer to Top Apparel E-Commerce Companies in United States
Overview
- Provider of private-labeled personal accessories to leading U.S. retailers in multiple verticals:
- Specialty apparel
- Grocery
- Houseware
- Branded product line sold to major, nationwide chain of pharmacies
Future Story
Grow sales to $200 million by 2026:
- Diversify product offering to increase sales within existing customer base and acquire new private-label customers
- Sell Company-branded products to new big-box customers
- Partner with established mass-market brands of adjacent product categories to sell products
Sustainability
- Highly energetic and motivated CEO willing to stay and ensure the company continues on fast growth trajectory
- Lean, low-risk business model
- Approved vendor for 30+ established brands
Defensibility
- High barriers to entry – complex, time-consuming vendor approval process with stringent requirements
- Decades-long track record of swiftly providing the right product at the right price point to major customers