Description

The Company was started in 2002 with niche business of designing trend-forward garments fitting for regular-sized "real" women and sold to Macy's, Bloomingdale's, Belk, Dillard's, Von Maur and large discounters such as Nordstrom Rack, TJ Maxx and Ross, the company grew rapidly and added kid's brand in late 2007 to diversify its production, which has proofed a very successful change with top-notch design and made-in-US quality, and was featured on Good Morning America in Nov. 2014. The company has a very successful website now they have more Online sales than in stores. To break-down the gross sales: the company sells 50% online, 15% to Nordstrom Rack,15% other retailers and 20% specialty stores, and selling through TJmaxx from time to time.

Due to domestic production, the company is facing tremendous challenge competing with other brand done in overseas, and it would be a great help if the buyer has overseas manufacture channel.
Being SBA Pre-approved, the acquisition will provide a great opportunity to own a company with successful brand and strong management team in Garment industry at the heart of LA!
The inventory worth about $100,000 at cost is included in the price. Please contact listing with Listing ID: LA3914.

Posted Oct 30, 2015

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