brands4friends
Financials
Estimates*
USD | 2019 | 2020 | 2021 |
---|---|---|---|
Revenues | 42.1m | 74.3m | 69.7m |
% growth | - | 76 % | (6 %) |
EBITDA | (7.4m) | (4.9m) | 1.8m |
% EBITDA margin | (18 %) | (7 %) | 3 % |
Profit | (7.8m) | (5.7m) | 1.3m |
% profit margin | (19 %) | (8 %) | 2 % |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
€10.0m | Early VC | ||
$200m Valuation: $200m | Acquisition | ||
Total Funding | CAD15.0m |
Recent News about brands4friends
EditBrands4friends.de is an exclusive online shopping club that specializes in offering premium fashion and lifestyle brands at discounted prices. The company operates in the e-commerce sector, targeting price-conscious consumers who seek high-quality products without the premium price tag. Brands4friends.de primarily serves individual consumers, including men, women, and children, who are interested in fashion, beauty, and lifestyle products.
The business model is based on flash sales, where limited-time offers on various products are made available to members. This creates a sense of urgency and exclusivity, encouraging quick purchases. The company makes money through the sale of these discounted products, leveraging bulk purchasing and partnerships with brands to secure lower prices.
Brands4friends.de operates in the German market but also serves international customers. The company focuses on providing a seamless online shopping experience, supported by a user-friendly website and mobile app. It also engages customers through various social media platforms and a dedicated magazine that offers fashion tips and inspiration.
Keywords: e-commerce, flash sales, premium brands, discounted prices, fashion, lifestyle, online shopping, Germany, exclusive offers, consumer goods.