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 Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 218,554,397,404 | 1,139,745,907,277 | 728,189,061,340 | 642,327,293,098 | - | - | - |
| % Revenue Growth (YoY) | - | 421.5% | (36.1%) | (11.8%) | - | - | - |
| EBITDA (USD) | 87,710,040,564 | 274,543,014,845 | 70,352,264,067 | (45,392,213,614) | - | - | - |
| Operating Income (USD) | 81,396,721,213 | 243,464,904,866 | 7,595,169,711 | (85,137,500,948) | - | - | - |
| Operating Margin | 37.2% | 21.4% | 1.0% | (13.3%) | - | - | - |
| % EBITDA Margin | 40.1% | 24.1% | 9.7% | (7.1%) | - | - | - |
| NET Income (USD) | 65,372,481,628 | 195,396,143,862 | 6,147,564,493 | (85,120,534,374) | - | - | - |
| % Net Margin | 29.9% | 17.1% | 0.8% | (13.3%) | - | - | - |
Elise Fashion Co., Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Elise Fashion Co., Ltd | - |
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