SL Fashions Group

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SL Fashions Group - overview

Established

1970

Location

New York, NY-New York, US

Primary Industry

Retail

About

SL Fashions Group is a women’s apparel company specializing in stylish and curve-enhancing dresses tailored for sizes 14W to 24W and petite sizes 4-16P, serving the needs of fashion-conscious customers. SL Fashions Group offers fashionable dresses and formal wear catering primarily to women. Founded in 1970 and headquartered in New York, US, the company was acquired by Alex Apparel Group, Inc. in April 2017.


Ruvinda Nilakshika is the founder of SL Fashions Group. S. L. Fashions specializes in a diverse collection of women’s apparel, particularly focusing on curve-complimenting styles that cater specifically to sizes 14W through 24W, as well as petite sizes from 4-16P.


The company's core product offerings include cocktail dresses, party dresses, and formal wear designed to flatter various body types and provide stylish options for special occasions. These garments are crafted with attention to detail, emphasizing features such as unique necklines, flutter sleeves, and intricate embellishments. The end users of these products are primarily women looking for fashionable attire for events such as weddings and parties. S.


L. Fashions markets its products across various geographical regions, including the United States and Canada, addressing a growing demand for inclusive and stylish clothing options. S. L.


Fashions generates revenue through direct-to-consumer sales via their online retail platform, which offers a range of competitively priced products. Transactions typically occur as one-time purchases, with individual dresses and outfits priced between approximately USD 99 and USD 159. The company also promotes various sales and incentives, such as free shipping on orders over USD 150, encouraging higher transaction values. Notable products include the Beaded Halter Neck Matte Jersey Dress and the 3/4 Sleeve Sequin Lace Cocktail Dress, showcasing the brand's commitment to stylish and flattering designs.


Following its acquisition in April 2017, SL Fashions Group plans to expand its product line by launching new styles aimed at enhancing inclusivity by the end of 2023. The company seeks to penetrate additional markets in Europe and Australia by 2025. Recent funding will support these initiatives, allowing the company to enhance its design capabilities and marketing efforts.


Current Investors

Alex Evenings

Primary Industry

Retail

Sub Industries

Clothing Stores

Website

www.slfashions.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

SL Fashions Group - 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-onCompletedSL Fashions Group-

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SL Fashions Group - employee data

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