Fashionable Development Europe AB
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Fashionable Development Europe AB - overview
Established
2012
Location
Gothenburg, -, Sweden
Primary Industry
Retail
About
Fashionable Development Europe AB is a jewelry design and manufacturing company, offering high-quality, environmentally-friendly jewelry solutions tailored for fashion-conscious consumers in Sweden and beyond. Fashionable Development Europe AB specializes in the design and manufacture of jewelry, primarily focusing on high-quality items crafted from genuine silver and gold. Founded in 2012 in Gothenburg, Sweden, the company has consistently targeted the fashion market, adapting its offerings to meet consumer demands. The company was acquired by Verdane Capital Advisors in October 2017, acquiring a majority stake, though specific financial terms remain undisclosed.
The founder, Niklas Fohlin, has been instrumental in the company's direction and growth. The company specializes in designing and manufacturing high-quality jewelry made from genuine silver and gold, primarily targeting fashion-conscious consumers. Their core product offerings include a diverse range of items, such as earrings, piercings, and hoops, which incorporate environmentally friendly materials, such as recycled silver and gold plating. These products are designed to appeal to customers looking for stylish yet sustainable jewelry options, suitable for various occasions, from casual wear to formal events.
The company serves a predominantly Swedish market, with a growing presence in Scandinavian and European regions, catering to both individual consumers and gift buyers. Through their focus on innovative designs, the brand aims to solve the problem of providing elegant jewelry choices that align with eco-conscious values. The company's revenue model is primarily built around direct-to-consumer sales, facilitated through their e-commerce platform. Customers can purchase items individually or take advantage of exclusive offers, such as promotions for birthdays, which enhance customer engagement and loyalty.
Pricing for the products includes items like the Recycled Safira Orange Marquise Hoops priced at 499 SEK and various piercings starting from 229 SEK, reflecting the brand's premium positioning in the jewelry market. The transactional structure is straightforward, with customers directly purchasing products online, leading to a streamlined shopping experience. Overall, the company’s focus on unique, sustainable jewelry positions it as a competitive player in the fashion accessories industry. Fashionable Development Europe AB is focusing on expanding its product line with new designs scheduled for release in the upcoming quarters, aiming to capture additional market segments.
The company plans to enter new geographic markets in Europe by 2025, enhancing its presence beyond Sweden. The recent acquisition by Verdane Capital Advisors will support these growth initiatives, as the funding will be utilized to bolster marketing efforts and product development to align with their expansion strategy.
Current Investors
Verdane
Primary Industry
Retail
Sub Industries
Accessories, Retail
Website
www.safira.se
Verticals
E-commerce
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Fashionable Development Europe AB - 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 | Fashionable Development Europe AB | - |
Displaying 1 - 1 of 1
Fashionable Development Europe AB - employee data

Fashionable Development Europe AB - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chairman Of The Board Of Directors | BM |
BM Board Member
Want to see more?
Request a demo for full access to this profile

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.