Rhodes & Beckett Pty Ltd.

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Rhodes & Beckett Pty Ltd. - overview

Established

1996

Location

Melbourne, VIC, Australia

Primary Industry

Retail

About

Rhodes & Beckett Pty Ltd. is an Australian retailer specializing in high-quality men’s apparel, focusing on sophisticated shirts and suits designed for professional and formal occasions. Founded in 1996 in Melbourne, Australia, Rhodes & Beckett Pty Ltd. offers a range of menswear.


The company was acquired in July 2017 by AO Capital, along with management and Black Bear Holdings Pty Ltd. Financial terms were not disclosed. Rhodes & Beckett specializes in high-quality men’s apparel, particularly focusing on shirts and suits. Their primary offerings include a range of essential shirts, easy care shirts, and full suits designed to cater to various body types, including slim fit, regular fit, and long lengths.


Additionally, they provide a selection of accessories such as ties, cufflinks, lapel pins, and tie clips, which complement their core product line. The company targets professional men who seek stylish and sophisticated clothing for both business and formal occasions. Rhodes & Beckett products are primarily marketed in Australia and New Zealand, appealing to a consumer base that values quality craftsmanship and contemporary design in menswear. Rhodes & Beckett generates revenue through direct-to-consumer transactions via their online retail platform, allowing customers to purchase their products directly from the company.


The transaction structure includes individual sales of various apparel and accessory items, with a focus on providing an elevated shopping experience for customers. VIP membership subscriptions are offered, providing members with benefits such as free delivery on their first orders and exclusive updates on new products and offers. The company’s flagship products, including their tailored shirts and suits, are positioned at competitive price points, ensuring accessibility while maintaining a focus on premium quality. Revenue is driven by both recurring customers and new clientele seeking fashionable menswear solutions.


Rhodes & Beckett plans to design and launch new product lines aimed at enhancing their core offerings, although specific release dates are not available. The company is considering expansion into additional markets beyond Australia and New Zealand, though specific regions have not been disclosed. The funding acquired in the most recent deal will be utilized to support these initiatives and bolster operational capabilities.


Current Investors

AO Capital, Black Bear Holdings Pty Ltd.

Primary Industry

Retail

Sub Industries

Clothing Stores

Website

www.rhodesbeckettstore.com

Verticals

E-commerce

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Rhodes & Beckett Pty 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)
BuyoutCompletedRhodes & Beckett Pty Ltd.-

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Rhodes & Beckett Pty Ltd. - employee data

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