Elise Fashion Co., Ltd

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Elise Fashion Co., Ltd - overview

Established

2011

Location

Hanoi, -, Vietnam

Primary Industry

Consumer Products

About

Elise Fashion Co. , Ltd is a Vietnamese company dedicated to designing and retailing women's fashion apparel and accessories, targeting modern style preferences and a diverse customer base. Founded in 2011, Elise Fashion Co. , Ltd operates from its headquarters in Hanoi, Vietnam, focusing on women's fashion.


The company has undergone significant growth since its inception and was acquired by Advantage Partners in December 2018, although financial terms of the deal were not disclosed. The current CEO is Cuc Nguyen, who has played a pivotal role in the company’s strategic developments. Elise specializes in a wide range of women's fashion, including dresses, skirts, blouses, trousers, and accessories such as bags and footwear. The products are designed to align with current fashion trends, appealing to young professionals and fashion-savvy individuals.


Elise primarily distributes its products within Vietnam, while also reaching international markets through online platforms and promotional sales events. In the most recent fiscal year of 2023, Elise reported a revenue of USD 35. 74 mn and an EBITDA of USD 4. 43 mn.


The company employs a retail model that includes direct-to-consumer sales through an e-commerce platform, offering competitive pricing and promotional discounts to enhance customer engagement and loyalty. Elise aims to expand its product lines further and is currently designing new fashion items to be launched in the upcoming quarters. There are plans to penetrate international markets, with specific targets set for Southeast Asia by late 2024. The funding from the December 2018 acquisition is expected to support these initiatives, particularly in enhancing the e-commerce capabilities and marketing strategies to attract a broader customer base.


Current Investors

Advantage Partners

Primary Industry

Consumer Products

Sub Industries

Clothing, Clothing Stores

Website

www.elise.vn

Verticals

E-commerce, Manufacturing, Mobile Apps

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Elise Fashion Co., Ltd - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)218,554,397,4041,139,745,907,277728,189,061,340642,327,293,098---
% Revenue Growth (YoY)-421.5%(36.1%)(11.8%)---
EBITDA (USD)87,710,040,564274,543,014,84570,352,264,067(45,392,213,614)---
Operating Income (USD)81,396,721,213243,464,904,8667,595,169,711(85,137,500,948)---
Operating Margin37.2%21.4%1.0%(13.3%)---
% EBITDA Margin40.1%24.1%9.7%(7.1%)---
NET Income (USD)65,372,481,628195,396,143,8626,147,564,493(85,120,534,374)---
% Net Margin29.9%17.1%0.8%(13.3%)---

Elise Fashion Co., Ltd - 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)
BuyoutCompletedElise Fashion Co., Ltd-

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