71
Fashion Jobs
L'OREAL GROUP
Multi-Brand Education Manager
Permanent · JOHANNESBURG
L'OREAL GROUP
E-Commerce Manager
Permanent · JOHANNESBURG
BEIERSDORF
Brand Manager
Permanent · DURBAN
G-STAR
Key Account Manager
Permanent · CAPE TOWN
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
ESTÉE LAUDER COMPANIES
Marketing & Sales Operations Manager (Sub Saharan Africa)
Permanent · JOHANNESBURG
PUMA
Payroll Administrator
Permanent · CAPE TOWN
ADIDAS
Senior Manager Sales: Shoe Channel - em South
Permanent · CAPE TOWN
ADIDAS
Senior HR Business Partner (6-Months Maternity Cover)
Permanent · CAPE TOWN
L'OREAL GROUP
Product Manager
Permanent · JOHANNESBURG
TREK
Country Manager
Permanent · SANDTON
L'OREAL GROUP
E-Commerce Key Account Manager
Permanent · JOHANNESBURG
BEIERSDORF
Precision Marketing & Audience Specialist
Permanent · DURBAN
CLINIQUE
Clinique - Roamer - Edgars Eastgate, Gauteng - 40 Hours - Full-Time - Permanent
Permanent · JOHANNESBURG
PANDORA
Sales Assistant Ppt 96 Hours Balito
Permanent · DURBAN
L'OREAL GROUP
Data Analyst
Permanent · JOHANNESBURG
HTNK
High-End Fashion/Denim Designer
Permanent · JOHANNESBURG
H&M
Talent Acquisition Specialist
Permanent · CAPE TOWN
ADIDAS
Specialist Franchise Excellence - Ems Africa Export
Permanent · CAPE TOWN
LOVISA
Full Time Team Member | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
LOVISA
Store Manager | v&a Waterfront, Cape Town
Permanent · CAPE TOWN
PANDORA
Sales Assistant Pavillion
Permanent · WESTVILLE
Published
Apr 8, 2021
Reading time
2 minutes
Download
Download the article
Print
Text size

Atterley gets new investment for US growth as sales rise fast

Published
Apr 8, 2021

Fashion retailer Atterley.com has raised £3 million through a funding round backed by Maven Capital Partners, by Scottish Enterprise and existing shareholders. 


Atterley


The business, which facilitates independent fashion boutiques and brands selling premium pieces online in the UK and abroad, wants to boost its international operations, particularly in the US.

The marketplace is used by over 250 independent boutiques and it offers around 3,000 brands on its website. It has been growing fast with a 200% sales rise year-on-year in Q1. What was particularly encouraging was that most of its growth came from a combination of strong repeat sales and expansion in new markets.

That's a ‘golden’ combo, suggesting the company can retain existing customers and attract new ones at the same time. Of course, it was also helped by the fact that so many consumers were forced to shop online given the closure of stores internationally due to the pandemic. But founder Mike Welch — who originally made his name selling tyres online — said that was only a “slight tailwind”.

He called the new investment “a game-changer for us” that sets up the company for its “next big phase of growth”.

David Milroy, a parter at Maven, highlighted the change that's currently being seen in the retail sector and the opportunity this has created for online fashion market places. He also said the company’s focus on putting its boutique partners first is important, especially as it helps it “offer consumers a vast range of premium, emerging, and undiscovered labels expertly curated by some of the worlds most talented fashion buyers”.

The Atterley team totals 20 today, which includes CEO Kenny Baillie and COO James Eccleshall both of whom worked with Welch at his Blackcircles.com tyre business. Existing investors include Sir Terry Leahy the former CEO of Tesco, Graeme Bissett the former Chairman at Blackcircles.com and former Vogue Editior Alexandra Shulman, who is also an advisor to its board.

Copyright © 2024 FashionNetwork.com All rights reserved.