DefShop GmbH

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DefShop GmbH - overview

Established

2008

Location

Berlin, -, Germany

Primary Industry

Internet

About

DefShop GmbH is an online retailer offering a diverse range of women's streetwear and casual apparel, focusing on trendy clothing and accessories from popular brands. Founded in 2008 and headquartered in Berlin, Germany, DefShop GmbH specializes in e-commerce for fashion, catering predominantly to young adults. The company has undergone no significant pivots since its inception. Andreas Büchler and Franco Lucà are the current CEOs.


In August 2017, Equistone Partners Europe invested an undisclosed amount to acquire a majority stake in the company, marking a strategic deal in its growth path. DefShop is a prominent online retailer specializing in women's fashion, particularly focusing on streetwear and casual apparel. The company's core offerings include a wide range of clothing items such as t-shirts, shorts, hoodies, jeans, and accessories from well-known brands like Karl Kani, Urban Classics, and Adidas Originals. These products cater to the fashion needs of a diverse customer base, primarily targeting young adults in urban settings seeking trendy and comfortable clothing options for casual wear.


DefShop's product collections emphasize a mix of style and functionality, appealing to consumers looking for versatile fashion for various occasions, especially during warmer months. The company operates across Europe, effectively reaching customers in Germany, Austria, and Switzerland. In the most recent fiscal year 2023, DefShop generated revenue of EUR 60,546,522. 10 and reported an EBITDA of EUR -4,102,833.


70. The company generates revenue primarily through direct-to-consumer sales on its e-commerce platform, emphasizing a user-friendly shopping experience. Customers purchase products at fixed prices, which include a range of discounts and promotions, such as a current offering of 20% off on select items. Customers can place orders directly through the website and choose from various payment methods, including credit card and direct debit.


The pricing strategy encompasses a variety of products, with t-shirts starting around EUR 19. 99 and hoodies priced at approximately EUR 42. 78, reflecting the brand's strategy to offer fashionable yet accessible clothing options. DefShop plans to enhance its product offerings by introducing new designs targeting urban streetwear trends.


The company is also exploring expansion into new geographic markets, specifically targeting France and the Netherlands by 2025. Proceeds from the investment deal in August 2017 with Equistone Partners Europe will be utilized to support these growth initiatives and strengthen operational capabilities, with completion of the investment anticipated in September 2017.


Current Investors

Equistone Partners Europe

Primary Industry

Internet

Sub Industries

Footwear, Clothing, Clothing Stores, e-Financial, Web Applications, Search Engines

Website

www.def-shop.com

Verticals

E-commerce

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

DefShop GmbH - 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)
BuyoutCompletedDefShop GmbH-

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