Buscemi, LLC

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Buscemi, LLC - overview

Established

2013

Location

Los Angeles, CA, US

Primary Industry

Consumer Products

About

Buscemi, LLC is a luxury footwear brand specializing in high-end designer shoes, including exclusive sneakers, boots, and loafers, designed for discerning fashion enthusiasts. Founded in 2013 and headquartered in Los Angeles, US, Buscemi focuses on crafting luxury footwear. The company has undertaken a successful business strategy with key investments, including a notable investment from Lion Capital in November 2015. The CEO, Rebecca Damavandi, has led the company through its initial growth phase, establishing a strong brand presence in various global markets.


Buscemi specializes in high-end designer footwear, offering a curated collection that includes signature products such as the 100MM and 110MM sneakers, as well as various boot and loafer styles like the Quest, Site Boot, Cosmo Loafer, and Orion Slider. These products are crafted with premium materials, targeting fashion-conscious consumers who seek luxury and exclusivity in their footwear choices. The company's offerings aim to address the need for stylish and high-quality footwear suitable for both casual and formal occasions. Buscemi's clientele primarily includes affluent individuals and fashion enthusiasts across various regions, with a strong presence in North America, Europe, and select markets in Asia.


The brand's sophisticated design aesthetic and attention to detail appeal to a diverse customer base that values luxury and craftsmanship. Buscemi generates revenue primarily through direct-to-consumer sales via its e-commerce platform, allowing customers to purchase products directly from the company. The transaction structure involves customers selecting items from the online catalog, adding them to their shopping carts, and completing the purchase through a secure checkout process. The company offers various flagship products, with pricing reflecting the premium nature of its footwear.


Transactions are streamlined to enhance customer experience and satisfaction, potentially including exclusive offers for subscribers to their VIP list, which may include early access to new collections. Buscemi's revenue is derived from a blend of individual product sales and potential seasonal sales events, further solidifying its presence in the luxury footwear market. In 2015, Buscemi secured funding from Lion Capital, which is intended to support the expansion of its product line and market reach. The company is focusing on launching new collections designed for the upcoming seasons, with anticipated releases aimed at enhancing their existing offerings.


Additionally, Buscemi plans to expand into new geographic markets, targeting regions in Asia and Europe by 2023, further broadening its international footprint.


Current Investors

Lion Capital

Primary Industry

Consumer Products

Sub Industries

Accessories, Footwear, Clothing Stores

Website

www.buscemi.com

Verticals

E-commerce, Manufacturing

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Buscemi, LLC - 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)
GrowthCompletedBuscemi, LLC-

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Buscemi, LLC - employee data

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