Mambo

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Mambo - overview

Location

Sydney, NSW, Australia

Primary Industry

Retail

About

Mambo is a Sydney-based clothing company specializing in surf and streetwear apparel, known for its distinctive designs and cultural themes that resonate with lifestyle and leisure activities. Founded by Raul Alcalde and Yoel Chlimper, Mambo Clothing Company operates primarily in Sydney, Australia. The firm has undergone significant changes in its business strategy, including a notable acquisition by Saban Brands in January 2015, although financial terms were not disclosed. The company has a strong focus on creative apparel that blends fashion with cultural elements.


Mambo Clothing Company specializes in surf and streetwear apparel, offering a variety of tank tops and t-shirts that blend artistic design with cultural references. The product lineup includes unique items such as the 'Cross Bones,' 'Pillar of Society,' and 'Ooga Booga' tank tops and t-shirts, which cater to consumers seeking casual wear suitable for everyday use. The target audience comprises fashion-forward individuals, surfers, and streetwear enthusiasts across Australia, the United States, and selected regions in Europe. Mambo's revenue model is based on direct-to-consumer sales through their official online store.


Tank tops are priced at approximately USD 49 each, while t-shirts are around USD 34. This pricing strategy supports single-item purchases, appealing to consumers looking for trendy yet affordable apparel. Seasonal promotions and new product launches further enhance customer engagement and drive sales, contributing to their revenue stream. Mambo Clothing Company plans to expand its product range with new designs set to launch in the upcoming year.


The company is also targeting expansion into new markets, specifically increasing its presence in Europe and the United States by the end of 2024. The recent acquisition by Saban Brands is expected to provide the necessary resources to support these growth initiatives.


Current Investors

Saban Brands

Primary Industry

Retail

Sub Industries

Recreational Hobbies & Sporting Goods, Clothing Stores

Website

www.mambo.cc

Verticals

E-commerce

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Mambo - 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)
Add-onCompletedMambo-

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