An online platform that enables creators to design and sell clothing.
Overview
In 2021, Puma Private Equity deployed £3.2 million of equity into Everpress, a global fashion marketplace that connects consumers to unique and sustainable products from independent designers.
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About Everpress
Everpress started with a simple mission – to support grassroots creators and reduce waste in fashion.
Today, it provides a full-service solution through which creators can upload their designs and create campaigns – using the platform’s toolkit to choose garment types, sale duration and prices – before launching to a global audience via Everpress’s website. The company was created with sustainability in mind and this commitment underpins its operations: campaigns are on a pre-order basis and garments are only produced once purchased, to eliminate excess stock and wastage.
Everpress is well-placed to capitalise on market trends such as the growth of online shopping, which has been accelerated by the pandemic, along with increasing awareness of ethical fashion and consumers’ desire to support grassroots businesses.
The company’s view
“This investment will be instrumental in ensuring Everpress is globally recognised as the place to discover and shop the best, sustainable designs from the most exciting creators.”
Our view
Ben Leslie, Investment Director at Puma Growth Partners“Everpress is a platform synonymous with creativity and innovation. Backed by a strong leadership team, Everpress has become the go-to platform for creatives looking to showcase their designs and engage with their audiences.”