Emma Ponsonby
New York (CHI)
Role(s):
Other
Emperia
Find More Startups
Startup
Location:
Guernsey
Industry:
Technology/Web
Year Founded:
2012
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Incorporated Outside United States
Description:
Emperia Mall is setting the standard for global luxury fashion, with a new online luxury shopping destination creating comprehensive customer profiling in a fast growing industry with a global vision.
The company has raised USD 280K seed investment in Q2 2013 and is currently raising USD 1.4M for 30% equity in Q3 2013.
The Market Opportunity
• The global luxury goods market is predicted to reach
us 376 billion by 2017
• Forecast to expand by 64.4% between 2012-2015
• Four out of five luxury fashion brands now have e-commerce sites
• Cross border shopping will contribute to 16% of total global online sales in 2013
• 70% of consumers would share personal information if it meant a more customised experience
• Luxury retailers want
to attract a wider audience while maintaining exclusivity and control over their brand
THERE IS A OPPORTUNITY FOR A NEW LEADER IN LUXURY FASHION TO PROVIDE RETAILERS WITH A PLATFORM THAT SERVES THEIR NEEDS AND OFFERS CUSTOMERS A HIGHLY PERSONALISED SHOPPING EXPERIENCE
What makes EMPERIA different?
• Access to full product collections
• Does not hold stock – low overheads
• First online concession stores
• HNWI targeted customer
• Single payment across multiple brands
• Brand maintain identity and content control
EMPERIA Partners Include:
• PayPal
• Fedex
• Platform Partner
• Real-time Product Recommendations
EMPERIA Brand Partners Include:
• Gucci
• Bloomingdales
• Donna Karan
• Saks Fifth Avenue
• Lacoste
• Harrods
EMPERIA Financial Projections
Y1 - $590K
Y2 - $1.6M
Y3 - $3.6M
EMPERIA IS RAISING USD 1.4M FOR 30% EQUITY IN A SERIES A ROUND IN OCTOBER 2014
The company has raised USD 288K seed investment in 2013 which has been used to establish partnerships, brand relationships, personnel, pre-launch marketing and initial platform development.
EMPERIA HAS A CURRENT VALUATION
OF $4.5M WITH A PROJECTED ROI ON INVESTMENT OF 80-90% PA OVER 5 YEARS
Emperia Mall holding site is now live at (URL removed)
You can visit our blog at (URL removed)
For further information please contact:
Emma Ponsonby
Founder & CEO @ Emperia Mall
(URL removed)
+(Phone # removed)02