Fashion shopping portal Stylepop.com had entered its 6th month of successful trading following its launch in October 2014.
The new online shopping concept has been introduced to the Australian market by leading international wholesaler the Fashion Clearance Group, offering unbeatable deals on global brands, accessible fashions, and designer perfumes.
Early rounds of investment to the startup saw an oversubscription resulting in a 25% stake being taken by just one strategic investor who has previously steered a company to a successful listing on the ASX in 2010, which now commands a market valuation of $1.2 billion.
The remainder of the team behind Stylepop.com have similar acumen with several members of the team founding and successfully exiting ecommerce businesses.
The strength of the team behind Stylepop.com is clear to see in the projected turnover for this year, currently trending at $1.1 million.
Manager of Operations Kat Hamilton says “We have been welcomed by our customers with open arms and are growing by the minute. When we saw a demand for this type of fashion portal we put together the best team imaginable and we have all rallied to get off the ground in such a short period of time”.
Kat went on to say “The level of transaction we are completing through Stylepop.com in these early states is a clear indication that the offering we have created resonates with the Australian market”.
For more information visit: http://www.stylepop.com/
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