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Description
This is a online retailer has become a leading global brand in providing women's specialist footwear. From beginning with a problem of not being able to find or purchase footwear that fitted correctly, this niche product business has grown with business sales achieving an average year on year growth of 45%.
The majority of the sales orders are direct through the e-commerce website and since conception the company has built and maintained a clean database of over 8,000 which is made up of actual and potential clients - 11% of new sales are from recommendations which obviously highlights customer satisfaction with many of our customers placing repeat orders.
A recent contract has been signed a leading UK department store through which the brand and entire range of footwear will be sold online - the store merchandisers are predicting a turnover in excess of £250,000 during the Autumn/Winter 08/09 period.
The uniqueness of the product range is achieved through high quality, trend led styles which come in six individual measurements, offering the largest fitting product of its kind in the world today.
The value of the proposition is based upon being the best in the market - with the highest quality product that meets the target audience requirements of fit without loosing out on fashion. The price points are in the higher end, but clients applaud the quality, style and fit - Many testimonials are available which highlight this point.
Due to the company not being able to take things forward to the next growth stage they are now looking to sell the company with the online department store contract firmly in place which they feel offers any potential purchaser a firm foundation in which to grow the business to its full potential.
If you are interested in further information regarding the purchase of this company, please contact this business broker Birmingham & Coventry Office.
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