Ashley Stewart

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Ashley Stewart - overview

Established

1991

Location

Secaucus, NJ, US

Primary Industry

Retail

About

Ashley Stewart is a fashion retailer specializing in plus-size clothing, dedicated to providing stylish and comfortable apparel for women sized 10-36, enhancing their confidence through modern designs. Founded in 1991 in Secaucus, US, Ashley Stewart offers fashionable plus-size clothing. The company underwent a Secondary Buyout in May 2022, raising USD 150. 000 mn from investors including Invus.


Its CEO, Gary Sheinbaum, leads the firm through its strategic initiatives. Ashley Stewart has completed a total of 5 deals to date. Ashley Stewart specializes in plus-size clothing, offering a wide range of fashionable apparel designed specifically for women sized 10-36. Their core product offerings include diverse categories such as tops, bottoms, dresses, and outerwear, tailored to meet the needs of the modern curvy woman.


The company emphasizes both style and comfort, ensuring that each garment is constructed from quality materials that enhance the wearer's confidence and aesthetic appeal. Ashley Stewart targets a demographic of women seeking trendy, well-fitting options that cater to their body types while addressing the challenge of finding stylish plus-size clothing. The company markets its products primarily across the United States, catering to urban and suburban areas, and has a strong online presence to reach a broader audience. Ashley Stewart generates revenue through direct-to-consumer sales, utilizing a combination of its e-commerce platform and physical retail locations.


Transactions are structured as one-time purchases of individual clothing items, with customers often enticed by promotional offers such as discounts on orders over USD 99 and special text message subscriptions that provide exclusive deals. The pricing of their products reflects the target market's willingness to invest in quality plus-size fashion, with specific items like the Cutout Ribbed Top and Button Detailed Cotton Gauze Shirt priced at approximately USD 44. 50 and USD 54. 50, respectively.


The company's revenue is bolstered by these competitive pricing strategies, alongside seasonal sales and new arrivals that cater to current fashion trends. Ashley Stewart maintains a customer-centric approach that fosters brand loyalty and repeat business, contributing to its overall financial success. Ashley Stewart is focused on expanding its product line with new fashionable collections aimed at plus-size women, expected to launch in late 2023. The company plans to broaden its market reach by entering additional urban areas across the United States by mid-2024.


The recent funding from the Secondary Buyout will support these initiatives, enhancing design capabilities and marketing strategies to attract a larger customer base.


Current Investors

Invus [DUP]

Primary Industry

Retail

Sub Industries

Drug Stores/Convenience Stores, Clothing Stores

Website

www.ashleystewart.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Ashley Stewart - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedAshley Stewart-
Secondary BuyoutCompletedAshley Stewart-
RestructuringCompletedAshley Stewart-
Bankruptcy/Write-offCompletedAshley Stewart-
RecapitalisationCompletedAshley Stewart-

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